It was turnaround Tuesday , yet the ‘squabble’ continues

Gavin Friend says in Europe they’ve nicknamed last night as turnaround Tuesday as stocks regained much of their losses, the US dollar did the same and treasury yields settled down again. On today’s Morning Call podcast Phil Dobbie asks him what’s driving the change, given that a trade deal with is nowhere on the horizon and President Trump continues to taunt China on twitter. The ‘squabble’ as he calls it, is ongoing. They also look at the plight of the Aussie economy on the back of findings from yesterday’s NAB Business Survey, the latest in the Brexit debacle and the significance of tonight’s US retail sales and European GHDP and employment numbers.

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