Macro News
Global: Global growth slowdown continues as uncertainty around trade war negotiations and rising market volatility have weighed on the investment outlook. IMF deputy director of research Milesi-Ferretti recently outlined that the probability of a growth revision to the downside is greater than a revision to the upside, which may limit the upside gains on risky assets in the next few quarters. Global equities continue their recovery and are about to post their highest monthly gains since January 1994, according to the MSCI World Index. We could see some risk-off environment in the short