There were reports of defaults from China as the country doubled down on COVID-19 curbs flooding the market with offers and increasing the desperation among the sellers. The panic in the market outweighed the hopes of a dovish stance of the Fed and ECB and the possibility of the U.S. economy not being in a recession yet.
What is covered in the Full Insight:
Introduction
Market Flooded with Offers
Impact on Thai & African Rubber
Indonesia's Market Situation
Conclusion
SUMMARY
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