Morning Bid: Rates and politics cast a shadow over markets

Investors in Europe will begin the week mired in uncertainty over the global interest rate outlook and the region's political landscape.

While the common currency and euro area assets have been largely cushioned by diminished euro-scepticism compared with elections in the 2010s and early 2020s, the latest developments could serve as a wake-up call. While it's almost a given that Fed policymakers will dial back on their projections for three rate cuts this year when they announce their rate decision on Wednesday, the question is by how much.

-- Malaysia is cutting blanket diesel subsidies beginning Monday, fulfilling a key pledge to improve the country’s finances.

Trump’s Team Clocked Him Lying About Getting Praise for His ‘Best Speech’ After Verdict, Michael Wolff Says

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