Peace between Trump and Xi is no rescue for the bulk market

Despite a truce, the trade war between the US and China has impacted three otherwise good quarters on the bulk market and created major uncertainty, says Nordea in an analysis. Bimco warns that the recovery is "fragile."

Photo: Norden

Major uncertainty has characterized the bulk market after the trade war between the US and China entered its seventh month, despite the fact that the two parties entered a truce over the weekend at the G20 meeting in Buenos Aires.

Thus far, the feud between the two superpowers has impacted the underlying market recovery of the past year.

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