Main Events This Week: Trade, Tariffs And Transitions

Following last week's hair-raising European drama, which saw Italian bond yields soaring to levels not seen since the European sovereign debt crisis, Deutsche Bank's Craig Nicol predicts that given the fairly sparse calendar of data releases and with central banks now entering their respective blackout periods , the main focus for markets next week will instead likely be the fallout from the latest trade war developments, most notably now between the US and EU, as well further clarification around the ongoing transition in the Italian political scene.