Friday 8th June 2018

Leaders going into G7 seem to be holding their positions firm on trade tariffs and the Iran Nuclear Deal. So much so, it’s unlikely the markets will pay too much attention. It might be the same with the North Korea summit that the President discussed today, saying it will take several meetings to get anywhere. Instead, NAB’s Gavin Friend pays attention to continued strength in the Euro, the outcome of next week’s ECB meeting and what it all means for emerging markets. He also discusses the Tory party’s Brexit talks today that almost saw David Davis, the Brexit secretary, resigning over the whole thing. Who can blame him!