Today’s session started on a rather apprehensive, though perhaps now familiar, foot after Trump emphatically tweeted about reciprocal tariffs. However, as economic data rolled in investors shrugged off the uncertainty and equities melted higher. Treasuries saw hefty gains as well thanks to an arguably misleading PPI print. The headline YoY figure came in at 3.5% versus 3.3% expected, while the prior reading was revised higher to 3.5% as well – not to mention the data echoes yesterday’s hotter C…
The content on this site is available to all Redburn clients as part of Redburn Execution’s standard service. It is not considered substantive research and there are no commercial implications to viewing these pages.
Please enter your email address below to view this page. If you are still unable to access the page, please speak to your account manager.