PIMCO's Sundstrom Previews BOJ, ECB Policy Meetings

The transcript discusses the speculation around the Bank of Japan's (BOJ) potential policy changes, focusing on yield curve control and inflation challenges. It highlights Japan's economic issues, including disappointing PMI numbers and corporate cash reserves. The conversation shifts to the European Central Bank (ECB), where expectations are for minimal policy changes, with attention on Mario Draghi's leadership and the potential impact of global economic conditions on future decisions.

What is the significance of the trade war and the situation in China as discussed in the text?

What factors are mentioned that could influence the financial conditions globally?