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EU’s Tusk has ‘different views’ from Trump on global order

Bloomberg European Union President Donald Tusk said he has “different views” from US President Donald Trump on trans-Atlantic relations and other elements of geopolitical order, pushing back after the American leader’s latest criticism of Europe. Tusk’s remarks came after Trump called “very insulting” comments by French President Emmanuel Macron that a “strong and sovereign Europe” was needed to defend its ...

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Bond traders to see if they’re underrating inflation risks

Bloomberg A debate is breaking out in the Treasury market before Wednesday’s release of US consumer-price data as tumbling crude oil leads investors to ratchet back inflation expectations. In one camp, you have the likes of Societe Generale SA. The bank sees price pressures building into 2019, fuelling demand for inflation protection, in part as investors anticipate more US tariffs ...

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Pound skeptics turn believers as UK nears Brexit divorce deal

Bloomberg Even fund managers who were once shunning the pound are now betting on a rally as the UK inches towards a Brexit divorce deal. Allianz Global Investors, which has been consistently short the pound since the referendum in 2016, has switched to multiple long positions on the currency. Union Bancaire Privee sees volatility rising and is looking to buy ...

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