Rumoured coal blockade pushes Aussie down

Reports that China is blocking the import of Australian coal into its Dalian port have hit the Aussie dollar hard with no sign of recovery just yet. Phil Dobbie asks NAB’s David de Garis whether the market has overreacted, particularly on the day that it seems there might have been some, admittedly small, progress on those US China trade talks. They also look at a night of weak US and European data, the next steps for the ECB and data released today.

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