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Today is August 1st, and President Trump signed a new executive order overnight updating reciprocal tariff rates to take effect in seven days’ time. US and European equity futures are pointing negative, Asian stocks are taking a beating and the DXY index is still rising. 10-year sovereign yields closed mostly lower across Europe yesterday but US 10s and their Aussie and Kiwi equivalents are seeing yields a little higher this morning.
Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more
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