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Is US-China deal euphoria hiding the real picture?

Equities were boosted overnight by the positive (temporary) deal between the US and China.  Yet, at the same time, we’re hearing further dovish talk from the Fed and a flattening yield curve – “something that will prick the market’s attention” according to NAB’s Gavin Friend in today’s edition of The Morning Call. So, could the positive sentiment be short-lived. They also look at the rising oil price, the strengthening Aussie dollar and (briefly) the latest on Brexit.

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