There’s further escalation of the US China trade dispute, as Google indicates it won’t be working as closely with Huawei … after all, that’s what the President asked for. It’s hit shares today, but bond yields have risen slightly ahead of Jerome Powell’s talk this morning – will he give a strong hint that a rate cut is coming? And what about Philip Lowe from the RBA, will he be doing the same? Phil Dobbie talks to NAB’s Rodrigo Catril on a day when words from central bank governors are front and centre.