Midpoint of Trump's tariff hiatus to reveal increasingly unsettled world

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Midpoint of Trump's tariff hiatus to reveal increasingly unsettled world - Business Standard

Quick Summary:

Elsewhere, India’s PMI is due on Thursday, and Singapore is set to report largely unchanged April consumer prices and slightly weaker GDP growth later in the week.

Elsewhere, housing data in the US, inflation releases from Japan to the UK to Canada, a likely interest-rate cut in Australia and minutes of the ECB’s April decision are among the highlights.

With PMI numbers for April already pointing to a slowdown in global growth to a 17-month low, the combined picture of the week’s events and reports will showcase the extent of nervous shock still reverberating from Trump’s attempt to rewire the global trading system.