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An escalating trade war narrative has been and is one of the dominant themes in the global market place this year. Concerns over the future of global economic growth have been raised as a likely by-product of the trade war and in turn sentiment has been particularly negative in the emerging market space.
In a previous note ( click here to view) we addressed the resulting effects in Q2 2018 on emerging market currencies (BRICS). In this note we take a look at how some emerging market Indices (China, India and South Africa) are setting up technically amidst the current market narratives.