The ‘Taco’ factor has spurred markets higher
The notion that Trump Always Chickens Out on difficult policy resulted in a strange, shaky rally

With tariff concerns still lingering, central banks are expected to step in this week to shore up their economies with further rate cuts. Both the RBA and the BoT are seen trimming their policy rates by 25 basis points, while the Norges Bank faces a closer call after its surprise cut in June.