Exposure rates of the Dorval Asset Management Range – 6th December 2019

The latest contradictory developments in the trade war look set to keep on driving market volatility.

However, investors increasingly believe that the world manufacturing cycle is nearing its trough and this scenario is further bolstered by business surveys, with the manufacturing PMI rising for the fourth time in a row as it recovered to 50.3 in November (cf. chart 1).


Global manufacturing PMI moves back above 50
Markit survey


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