Macro: Sandcastle economics
Invest wisely in Q3 2024: Discover SaxoStrats' insights on navigating a stable yet fragile global economy.
Clare MacCarthy
Senior Editor, Saxo Bank
Summary: The market's frayed nerves have been soothed a tad by Trump's "good vibe tweets" about his G20 meeting with Xi but the trade war continues to leave its ugly imprint across assets globally with corn, for example, sharply lower. Meanwhile, the OECD's leading indicators still point to slowing growth momentum.