But there was a GDP Pulse event overnight instead and that delivered higher prices. These gains were less than anticipated in the dairy futures markets, but both continue the recent trend of rising prices. The IMF may agree with Beijing that current approaches will be enough, but financial markets remain sceptical. Overnight, the IMF chimed in with an updated 2024 growth forecast, one they raised (which was a bit of a surprise). That all means our TWI-5 starts today at 70.2 and up +10 bps from yesterday.
