The markets are still waiting for developments on the US China trade talks. There are unconfirmed reports that China is pushing harder for tariff rollbacks but NAB’s David de Garis thinks it could be some time before we see any concrete developments. On today’s podcast he talks through the surprisingly dovish stance in yesterday’s RBA minutes, with a short-lived fall in the Aussie dollar. Today the Aussie and NZ dollars are the best performers, with the pound heading south as the first televised debate of the UK election draws near – almost as if the markets aren’t expected a strong performance from Boris Johnson.
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Treasury yields fall further as rate cut expectations rise
A quiet session for currencies and stocks but, as NAB’s Gavin Friend explains, Treasury yields continue to slide as expectations for an imminent rate cut mount.
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US equities ride high, pound dives on uncertainty
Fears of a hard-Brexiteering PM in the UK spook the pound and Euro, whilst US equities continue to surge on earnings results. Meanwhile, NAB’s Gavin Friend, suggests the Aussie dollar is vulnerable to today’s CPI numbers.
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54% fibre and counting
Using a fibre connection in Japan is the most common way of accessing the internet. Why are we so far behind?
