A first glance at the US shutdown's economic impact
The University of Michigan Index is one of the key data releases unaffected by the US government shutdown, and the latest results point to a US economy dealing with multiple bearish factors.
The headline risks are coming fast and furious as escalations in the US/China trade war contend with rising geopolitical tensions and sluggish risk sentiment.
With US equities soft and the dollar in apparent limbo, investors are increasingly looking to corporate earnings for direction, as well as incoming macro data (most notable US CPI this week).
Join Saxo Bank global macro strategist Kay Van-Petersen as he outlines his views on the above and more in this week's macro outlook.