SPDR EURO STOXX 50 ETF

Eurozone GDP rose a better-than-expected 0.4% in the first quarter, but the preliminary data for the second quarter shows that some weakening is in the offing. Click to read.

Fast-changing US government policies have shaken up the global trade system, making it hard for companies and investors to forecast earnings.

I continue to expect significant pressure on the USD and USD assets as a result of the trade wars and the broader trajectory of US policy.

This week's first data releases did not change the underlying narrative for rates markets, in which (geo)political uncertainty dominates.