Archive for May 13th, 2025

New Overnight Developments Abroad - Daily Update

Second Thoughts About Monday’s Euphoria as Spotlight Shines on Price Data

May 13, 2025

Nothing has been consistent in this year’s eruption of trade tensions. The scale-back in tariffs that buoyed financial markets yesterday were couched in a temporary context and left net tariff increases since the start of this year still quite significant. Investors await U.S. CPI data this morning, wondering how much they might reflect increased tariff […] More

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