Chinese growth slowed in the second quarter, but there are signs that stimulus measures may be starting to help. US data, by contrast, suggests that for now the economy remains strong.
Low levels of inflation and low interest rates are supportive of higher valuations. They also suggest growth equities will continue to outperform.
In his Congress appearance, Federal Reserve (Fed) chair Jerome Powell set the stage for a US rate cut later this month. We expect more to come this year.
After a period of strong market performance, "few assets could be described as cheap". Looking ahead, US-China trade conflict remains a key risk
This week we’re looking forward to corporate outlooks for the full year, and on Thursday markets will be scrutinising Federal Reserve Governor Jerome Powell’s biannual report