{podcast} It’s easy to dismiss the “what’s it all about” crowd. There is no doubt. it’s this, here, now – R.E.M It has been a relatively quiet night given the US and UK had a Monday holiday. European equity markets closed modestly stronger, but the move lower in Bunds reflected some risk aversion on the back of reports the European Commission was considering fining Italy for breaching its debt rules while Deputy PM Salvini promised to make tax cuts a priority. GBP is the G10 underperformer with poor EU election results driving Conservative Leadership candidates to push for a hard Brexit while Labour promises a second … (full story)