Nervous investors are peeling into gold and ultra-safe government bonds. The 10-year US Treasury yield is below 1.7%, its lowest level in nearly three years. The 30-year Treasury yield is nearing an all-time low.
2. Singapore GDP: Singapore is headed for its weakest annual growth rate in a decade. It is blaming its troubles on the US-China trade war.
The country warned Tuesday that economic growth could fall to 0% this year. Previously, it predicted its economy would grow by 1
That kind of growth would be the worst since 2009, when Singapore's GDP contracted by 0.6%, according to the International Monetary Fund.
The global growth outlook is weakened in part because of escalating trade tensions between the United States and China, Singapore's Ministry of Trade and Industry said.
a research note.
3. Argentina's rout: Emerging markets are back in the headlines after a surprise result in Argentina's primary election sent the country's currency and stocks plunging on Monday.
The fear of investors: that populists could replace the country's current, business-friendly government.
The country's Merval index closed down 38% while the Argentine peso plummeted 15% against the dollar. In an already volatile moment, such massive losses are putting investors on edge.
Wednesday – Germany inflation rate; US inflation; JD.com ( and ) Tilray ( earnings )
Wednesday China retail sales; Germany and Europe GDP; UK inflation; Luckin Coffee () Macy's ( and ) Canopy Growth
Thursday – US retail sales; Alibaba () JCPenney () Walmart
 ] WMT) and NVIDIA ( earnings )
Friday – US housing starts and building permits