Click here to read the Weekly Digest with thoughts on last week’s Bank of England interest rate rise and reflecting on it being a year since Donald Trump’s election win.
After the frenetic pace of newsflow last week, from the UK’s first increase in interest rates in over a decade to a new appointee as Chair of the US Fed and Friday’s non-farm payroll data, this week looks set to be relatively quiet from a macro and political perspective. That said, it seems inevitable that we will have further revelations of misconduct from Westminster whilst President Trump’s tour of Asia will no doubt provide headlines.
Already overnight, we have had some notable soundbites from Asia, with Trump suggesting that the Japanese aren’t buying enough US cars whilst in China the governor of the central bank has again reiterated that risks are accumulating in some pockets of the Chinese economy due to over-leverage. Other stories to note this week will be the attempts to progress the US tax reform plans and the fate of the former Catalan President, who handed himself in to the Belgian authorities on Sunday following the issue of an arrest warrant by Madrid on Friday.