Market Update – 24th July 2020

2020-07-27T11:26:50+00:00

Global equity markets had a difficult week as markets reacted to tensions between the United States and China.

The situation between the United States and China has been brewing recently.  Tensions have been on the rise in relation to Hong Kong as the Chinese government is tightening its control over the region.  Last week, the US government closed a Chinese consulate in Houston, and as a response, the Chinese government ordered the US consulate in Chengdu to close.