In case you missed it: Brave new world

The political shake-up in Italy and Spain begins to cool down, the threat of a global trade-war heats up as allies retaliate and the US unemployment rate hits a new post-crisis low which President Trump was 'looking forward' to

In this bundle

Navigating Italian political risks: What's next?

Rates

Germany

Italy

Navigating Italian political risks: What’s next?

Although a 5SM-League government will be announced later today, we take a step back and outline four potential scenarios from the benign to severe and…

, and 4 others

Spain

Spain: Enter another minority government

Pedro Sanchez, the leader of the socialist party PSOE, is the new prime minister of Spain after his no-confidence vote against Mariano Rajoy passed in…

United States

Solid US jobs report keeps the Fed on track for a June hike

Rising employment and an above-consensus wage growth figure will reinforce expectations for a rate rise in a couple of weeks, although Fed voters will…

United States

US-EU trade war: Time’s running out

The EU is set to retaliate against US tariffs on steel and aluminium by imposing tariffs of its own on Friday. Even though the economic impact of these…

Why we’re forecasting the yuan to depreciate

United States

China

Why we’re forecasting the yuan to depreciate

Even though concerns about depleting foreign exchange reserves could limit the extent of yuan weakening, a depreciation trend is more likely than before.…

China

China’s Xi speaks, Trump reacts

Tensions over a US-China trade war are far from over. On 28 May-before the US announced possible tariffs on Chinese imports and a control list on…

Brazil

Brazil: Strike weakens, but fiscal worries deepen

Brazil’s chief challenge is its unsustainable fiscal trajectory, which can only be addressed with the election of a new administration committed to…