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Chiina’s spokesperson:Both China and US have maintained communication over concerns
Japan’s economic minister Akazawa met with US Treasury Secretary Bessent and Lutnick
WH Chief of Staff Miller:China must show its commitment to rules-based international order
European indices close mostly higher. France’s CAC falls
US indices are trading lower to start the day. Prices are higher for the week.
University of Michigan sentiment for May final 52.2 vs.51.0 estimate
US Trade Representative Greer: China behaviour is completely unacceptable
USTR Greer on CNBC: We have tools if the tariff ruling goes the other way.
Canada GDP for March +0.1% vs +0.1% expected
Canada GDP Q1 Annualized 2.2% vs 1.7% estimate
US core PCE for April 0.1% vs 0.1% estimate. Core YoY 2.5% vs 2.5% estimate
WSJ Timiraos: This month is good, but what will the impact of tariffs going forward
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