European traders will walk in to find markets suffering from a lack of conviction after hawkish Fed minutes and amid the risk of a military strike against Syria.
If not for U.S. political risk being near a record, Treasury yields would be rising. Crude oil prices at the highest level in more than three years are going to smooth the way for faster inflation. There's also a warning message from the sliding Baltic Dry index.
But, there is one positive indicator as China and Japan will resume their high-level economic dialogue on Sunday for the first time in almost eight years.
Source: Bloomberg Pro Terminal
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