Tariff guessing game
• Hold the line. US equities ticked up on Friday, as did the USD. EUR & GBP eased back at the end of last week, as did the AUD & NZD.• Tariff news. US’ reciprocal tariffs set to be unveiled on 2 April. What form they will take is still unknown. Uncertainty may generate more volatility.• Event radar. In AU the Budget & monthly CPI are due this week. Globally, PMIs are released. In the US the PCE deflator is out on Friday night. Global Trends It was an uneventful end to the trading week on Friday with no major...