Coincidentally look at the news that’s just landed (after this report was released). Dangers to a growing trade war between the two is definitely an excuse for extra selling of US assets. European equities will be hit while the Euro will likely be propped up because of dollar outflows.
I missed the point on JPY, why short?
I did mention brother - Unsustainable long-end yield, bad trade deal and weak growth
What's the play if the EU-US trade tail risk grows fatter. Could we see decline in EU equities? Or the euro currency
Coincidentally look at the news that’s just landed (after this report was released). Dangers to a growing trade war between the two is definitely an excuse for extra selling of US assets. European equities will be hit while the Euro will likely be propped up because of dollar outflows.