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Tying up loose ends before recess

The race is on to try and get through stuff before the summer recess in the US and Europe. Phil Dobbie talks to NAB’s Tapas Strickland about the next steps on Brexit, a possible resolution to the US debt ceiling issue and, maybe, a return to trade negotiations between the US and China. Maybe the ECB will squeeze in a rate cut before the week is over, too. There seems less sign of forward movement over tensions with Iran. With little in the way of economic news, presumably it’ll be progress on these stories that will influence markets the most today, before a busy second half to the week.

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