US-China trade wars have been re-invigorated with extra tariffs on Chinese products worth $200bn and threats of 25% tariff on a further $300bn. This prompted comments from President Xi Jinping, calling on the nation to embark on a new 'Long March'.
Melanie Baker, Senior Economist @RLAM_UK examines the latest data
Preparing for the worst despite upbeat sentiment
Brexit and currency weakness key factors
Global economy losing momentum as policy risks rise
'Increased level of fear and uncertainty'
Elevated chance of a sell-off
Ed Smith, head of asset allocation research at Rathbones, takes a look at the breakdown of the 'Phillips curve' relationship.
We think there is scope for equities to keep climbing from here, and it is all down to the longevity of the business cycle, writes Luca Paolini, chief strategist at Pictet Asset Management.