Macro Morning (Trading Week)

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By Chris Becker 

Another memorable week on risk markets as we count down to the end of the financial year, with the growing trade war turning into outright corrections on major stock markets. The USD reigns supreme against the majors as only the BOE looks set to pull the rate rise trigger – and not for awhile – among the central banks who are trying in vain to prepare for Trump’s tariff titillations.

On the economic calendar is more Euro-focused and weighed towards the end of the week, with US trade and consumer confidence first, then European CPI and German unemployment on Thursday and Friday respectively.

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