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Macro Briefing: 12 July 2019

Summary:
Tropical storm forces evacuations in Louisiana: WSJTariffs pinched China’s exports in June: ReutersNo sign of easing tensions in US-China trade battle: BloombergEurozone industrial output rose more than expected in May: FTTurkey receives first shipment of controversial Russian missile system: NY TimesOil glut expected to return in 2020, IEA predicts: CNBCUS jobless claims fell to 3-month low last week: BloombergCore consumer inflation in US unexpectedly ticked up to +2.1% in June:

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Tropical storm forces evacuations in Louisiana: WSJ
Tariffs pinched China’s exports in June: Reuters
No sign of easing tensions in US-China trade battle: Bloomberg
Eurozone industrial output rose more than expected in May: FT
Turkey receives first shipment of controversial Russian missile system: NY Times
Oil glut expected to return in 2020, IEA predicts: CNBC
US jobless claims fell to 3-month low last week: Bloomberg
Core consumer inflation in US unexpectedly ticked up to +2.1% in June:

Macro Briefing: 12 July 2019

James Picerno
James Picerno is a financial journalist who has been writing about finance and investment theory for more than twenty years. He writes for trade magazines read by financial professionals and financial advisers. Over the years, he’s written for the Wall Street Journal, Barron’s, Bloomberg Markets, Mutual Funds, Modern Maturity, Investment Advisor, Reuters, and his popular finance blog, The CapitalSpectator.

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