|
Economist Weekly Market View
- Following a bumper week of macro data and tariff announcements, the durability of the US economy to the current uncertainty is being called into question by markets and forecasters for the first time since the post ‘Liberation Day’ period in April.
- Looking at the trade ‘deals’ which have been rapidly concluded in recent weeks, they suggest that the landing zone for US tariffs is not far from those announced on Liberation Day in April.
- More pertinently, macro data and the Fed’s actions (or lack of) have been the primary drivers of the currency over the past week.
|
|
