More Trade Volatility
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What’s in Today’s Report:
- More Trade Volatility
Futures are modestly higher as trade tensions eased following a call between Trump and the President of Mexico.
Late Wednesday Trump announced that he had a “productive” call with Mexico’s President while Canada announced measures to strengthen the border, easing trade tensions between the three countries.
Economically, the EU flash HICP (their CPI) was slightly better than expected, rising 2.7% y/y vs. (E) 2.8%.
Today should be a quiet day as there are no notable economic reports and markets close at 1:00 p.m. ET.
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