Macro Morning

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By Chris Becker

Emerging frontlines in what could be the biggest trade war in decades are being ignored left and right by risk markets as Asia wakes up to the Korean/US summit in Singapore today. Two tin-pots clamouring for attention on the world stage might attraction volatility, but so far the signs are normal across futures and currency markets.

The economic calendar is extremely busy this week with US CPI and the closely watched German ZEW survey this evening, with a potentially AUD sensitive speech from RBA Governor Lowe today.

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