There was continued optimism in the markets overnight with more strong data reads from China and the US. Phil Dobbie asks NAB’s Tapas Strickland whether this means the worst of the downturn is over when the two nations at the centre of the trade dispute seem to be getting along alright despite it? Other export nations are faring a little worse, though, notably Japan and Germany. So what stance will the RBA take today and what surprises (if any) are in store in the Aussie budget. Plus, expect more turbulence in the pound as MPs have another round of indicative votes and the threat of a serious cabinet split for Theresa May.
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The future’s solar, finance is the problem
Solar could be the energy source of the future – but, Omar Cheema argues, its future is held back by finance, vested interest and geopolitics.
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China’s Youth Wise on Card Use
Young people in China have adopted the West’s fixation with payment cards — China Union Pay has overtaken Visa as the world’s biggest issuer of cards — but they are far more cautious in their approach.
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Trump warns Iran, Lowe warns against global monetary easing
Quiet day on the markets ahead of the G20. As NAB’s Tapas Strickland suggests, even Trump’s introduction of further sanctions against Iran has had no influence. There’s not been a lot of data, but what there was wasn’t good.
