Equity futures pare some losses after the US Commerce Secretary Howard Lutnick said in an interview that there would be some compromise on the tariffs on Canada and Mexico. President Trump defended the economic discomfort wrought by his levies in the first address to congress of his second term. European bond yields rise as Germany unshackles itself of its fiscal constraints. David Lebovitz of JPMorgan doesn’t see stagflation as the base case for the US economy this year. Mark McCormick of TD Bank still sees upside for the dollar from here for the rest of the quarter. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)
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