Learn how the private debt market is using ESG as a strategic lever to control risk and create value.

After the big bill last week, markets will focused on big tariffs as little clarity has emerged on what will happen as the tariff deadline looms.

As we write these lines, the US market is approaching its historical peak, last reached in February 2025, and most asset classes have posted positive returns in local currency since the start of the year.

Despite rising geopolitical tensions, the global economy showed surprising resilience in early 2025, and inflation continued to normalise.

With US markets closed Friday for the July 4 holiday, the job report for June drops Thursday. Employment growth and wages will be critical for gauging economic momentum and shaping Fed expectations.

Flash PMI data for June will provide an early read on global manufacturing and services, highlighting growth momentum, inflation risks, and potential monetary policy shifts.

The Fed’s interest rate decision, economic projections, and press conference will guide market expectations on US monetary policy in H2.

Preliminary sentiment and inflation data from the US will offer fresh insight into the tariff impact on household confidence and ultimately the Fed’s policy path.