Welcome to Morning Macro on Tuesday, 7 February.
We kick off today’s show on the line to Singapore, where Amy Zhuang, an economist at Nordea Markets, talks Tom through China’s PMI figures from yesterday, what to look for in the FX reserves figures later today, and what the end of the Trans-Pacific Partnership could mean for the Chinese, Asian, and world economies.
In part 2: How will the IMF fare under the Trump administration? The IMF is the multilateral institution at the centre of the world of free trade, just the opposite of the Trumpian world order – and dependent on the US, Jeromin Zettlemeyer tells Sigrun. What would be difficult for the Fund is an obstructionist US.