Quarterly Outlook
Macro Outlook: The US rate cut cycle has begun
Peter Garnry
Chief Investment Strategist
Chief Macro Strategist
Summary: European equities brushed off the negative mood from the US market of late last week and managed a respectable rally yesterday as the US was on holiday. This morning, markets are mulling a fresh Trump broadside against China as he is clearly making a tough-on-China stance a part of his presidential campaign platform. The USD is close to breaking higher in many important USD pairs.
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Economic Calendar Highlights for today (times GMT)
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