There’s a strange kind of stillness in the air across global markets right now—like a quiet before either a storm or a soft turn. The data coming in from the U.S., China, and the Eurozone this week offers more questions than clarity. On the one hand, we’re seeing flickers of strength in production and consumption. On the other, warning lights continue to blink across housing, services, and consumer sentiment. The result? A world economy walking a tightrope—with central banks and markets waiting to see which way the wind blows next.
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