Macro: Sandcastle economics
Invest wisely in Q3 2024: Discover SaxoStrats' insights on navigating a stable yet fragile global economy.
Michael McKenna
Head of Editorial Content, Saxo Bank
Summary: Both Washington and Beijing want to see this weekend's G20 summit lead to a trade deal, but all signals point to an enormous gap between the two powers' expectations. This leaves the G20 as the key macro event risk for CNH, Chinese equities, US equities, and markets as a whole.