The following are the headlines discussed at Aldwin Callen's Monday morning briefing:
- Rising interest rates in the United States, combined with trade worries with China, are dragging on US equities.
- NAFTA (North American Free Trade Agreement) negotiations have halted, prompting anxiety.
- The yield on 10-year US Treasury bonds hit a 7-year high (3.05%), prompting short sellers to pull back.
- Eurozone equities are up for the eighth week in a row, thanks to a weaker euro and rising oil prices.
- Despite recent strength, some bond fund managers believe the US dollar's 2018 trend is lower.
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