Macro Briefing: 11 June 2018

Trump attacks key US allies on trade: BBC
Trump says Tuesday’s US-N. Korea summit could “work out very nicely”: Reuters
Germany’s Merkel: EU will respond to US tariffs: Reuters
Economists expect Fed to continue gradual rate hikes: Bloomberg
Upcoming OPEC meeting may be contentious amid calls for higher output: OilPrice
US wholesale inventories tick higher in April: Reuters
Small-cap stocks (Russell 2000) continue to beat large caps (S&P 500) in 2018: