Macro Morning

By Chris Becker 

US all the way on Friday night with Treasuries, the USD Index and Wall Street all advancing in tandem on the back of (spurious) claims by Trump that the US/China trade talks are advancing well – even though he later contradicted that in a Fox news rant. In Europe, new ECB President Lagarde made her first speech which gave European stocks a slight boost, even though the series of EU and UK flash PMIs disappointed as Brexit concerns continue to weigh.

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