The following are the headlines discussed at Aldwin Callen's Monday morning briefing:
- It’s a concern that US short-term interest rates are rising faster than long-term.
- Emerging market shares are down 8% in the first half of 2018, owing to a stronger currency and concerns about trade disputes.
- US crude oil prices settled above $74/barrel for first time since November 2014.
- Higher oil prices could offset benefit of tax cuts for many Americans, eating into consumer spending.
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