Market comment - Equity markets suffer on trade woes

Davy Research
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Threats from US President Trump to levy tariffs on the EU, coupled with downbeat IMF forecasts for the global economy, weighed on equity markets on Tuesday. Today’s key events are the ECB’s policy decision and the EU Summit meeting. Following proposals from European Council President Donald Tusk, EU leaders are expected to push for a long Article 50 extension, delaying Brexit for up to one year.