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Earnings in full flow – Focus turns US GDP and Core PCE data

Earnings in full flow – Focus turns US GDP and Core PCE data
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Overextended US equity rally given a scare but attempts to return to business as usual

EU mid-market update: Overextended US equity rally given a scare but attempts to return to business as usual; China responds to tariffs with export bans.

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Major European PMI survey suggests the region's economy is stabilizing

-Mixed European flash PMI data for France, Germany, Euro Zone and UK, but indicated any recession in Europe would likely be limited or even avoided. N

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Weak PMI readings for Europe add to recession concerns

- Central banks continued to hike to address inflation (Philippines, Norway in session). Moves recirculate recession concerns and raise second thought

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More ECB speak on rate trajectory

EU Mid-Market Update: More ECB speak on rate trajectory; Major Euro Area PMI data miss consensus. Notes/Observations - Despite no underlying changes i

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