#TrumpTariffs
Today: awaiting new drivers
Negotiations between the USA and China failed to become a catalyst for noticeable growth or decline in the markets, just as the release of the CPI did. New factors are needed for directional movement.
The key event today will be the publication of the Producer Price Index (PPI) data for May (consensus for overall PPI: +0.2% m/m, for core: +0.3% m/m).
