The past week delivered multiple warning signals from the global economy: a US-China summit that ended with smiles but little substance, the most severe global bond selloff in years, Federal Reserve minutes signalling a potential interest rate hike, and a Middle East war that has dragged on far longer than markets anticipated.
At home, Thailand offered good news as first-quarter economic growth beat expectations, though critics still have reservations about the government's 400-billion-baht stimulus package.
The Trump-Xi summit in Beijing resulted in a "constructive strategic stability" framework, China ordering 200 Boeing aircraft and committing to buy US farm goods and energy, and hints about establishing a joint trade and investment committee.
