Following the French Presidential election, market volatility continued to decline during the first part of the week reaching its lowest level since 1993 and up ticking Thursday.
The Chinese President, Xi Jinping, takes the stage this weekend hosting upwards of 30 global leaders at his Belt and Road Summit. Mr. Xi has the capacity to propose nearly $500 billion worth of infrastructure investment to boost the connectivity of Asia’s trading platform. China has already invested $50 billion in Belt and Road countries since 2013.
Inflation data poured in showing month over month increases in most broad categories. Core inflation pressure still remains weak and could give the FOMC pause for thought.
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