Financial markets found a measure of calm this week, buoyed by some subtle shifts in tone from US policymakers. But beneath the surface, significant downside risks persist. In our charts this week we focus on:
- China-US shipping activity
- US and Euro area GDP growth
- Yield differentials and the US dollar
- Structural growth drivers and the dollar
- Competitiveness gauges in the US, Europe, Japan and China
- Monthly wage costs in selected economies