As the early stages of may get underway it is useful to look back over an eventful April to try and ascertain what may lie ahead for the markets.
Aside from the falls in equity markets and sharp swings in bond yields especially in U.S. Treasuries another feature of the markets reaction was the notable weakening in the dollar.
The trump administrations comments recently have become less confrontational in relation to tariffs and trade policy while also emphasizing a desire to and potentially for a new trade deals.
With still considerable uncertainty surrounding US and in-turn global trade policy further doubts of volatility for the green back combat expect.