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RBA, mid-terms and the law of the jungle

Tuesday 6th November 2018

Whilst President Xi didn’t mention Donald Trump by name there was no doubt who he was talking about when he said, “As globalization deepens, the practices of law of jungle and winner-take-all are a dead end”. Phil Dobbie asks NAB’s Rodrigo Catril whether there could be a clearer sign that trade talks are not moving forward. There are similar concerns over Brexit, where good news is inevitably followed by bad. Meanwhile, we can expect a relatively quiet 24 hours trading as the world waits for the results of the US mid-term elections – now news on that till tomorrow afternoon.

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