Week Ahead: Trump-Xi and US-China CPI

There were several developments to note last week, but arguably the most important was that investors are optimistic that the Middle East war is winding down despite some violations of the ceasefire. June WTI fell by 7% to around $95 a barrel, after rising by more than 22% in the previous two weeks. July Brent tumbled by about 6.6% to $101 a barrel. It has risen by almost 24% in the prior two weeks. Benchmark 10-year yields fell in through the G10 accept Australia and New Zealand, where they edged higher. There seemed to be little fallout from Labour's poor showing in the local elections on Thursday as sterling was ...