A flurry of international news — from government crises to trade wars — mixed with the usual end-of-month payroll and housing news this week put financial markets on edge and kept rates in check.
There’s a long list of events we could write an entire blog about. But I’ll try to touch on each one briefly, summarizing what’s at stake.
Italian concerns ease – for now
In Rome earlier this week, markets reacted sharply when anti-establishment parties seemed unable to establish a coalition government in Italy after upsetting the established party in spring elections.