from Zero Hedge
It is the last full week before the April 2nd US tariff announcement, so expect lots of headlines on this. Indeed US equity futures are higher this morning on Friday’s Bloomberg story that tariffs will be more targeted than the worst fears. Outside of trade, DB’s Jim Reid notesthat inflation will take centre stage with the all-important US core PCE on Friday. Before that, UK and Australian inflation are out on Wednesday with flash French and Spanish CPI out on Friday, alongside Tokyo CPI.
In terms of other highlights, today’s global flash PMIs will be interesting. US and Europe bounced last month but since then the tariff rhetoric has aggressively stepped-up, but on the other hand Germany has reversed decades of fiscal conservatism. So, it’ll be interesting to see how the surveys respond to those developments.