Mixed data and high hopes for China and Brexit deals

Trump’s walkout of the meeting with Kim Jong Un dominated the news media overnight, but has little interest to the markets. Instead, there’s more interest in the China trade talks, which NAB’s Gavin Friend should be viewed with some optimism. It’s the same with Brexit, where a no-deal is highly unlikely. US GDP data adds to the day’s good news, along with Aussie capex numbers, but they’re offset by weaker data for China and falling business confidence in New Zealand.

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