Equities race higher on trade optimism

The rally in US equities continued at the end of the week, with the optimism spreading to Europe. The ASX200 also hit a new record on Friday. Phil Dobbie talks to NAB’s Ray Attrill about the economic data that is supporting the optimistic tone. The UK, though, is not joining the party. Whilst shares rose, that was largely because the pound fell, after retail sales fell well below expectations. Perhaps it was too early for a Boris bounce? Today, the markets will be quiet with a US holiday, so we look ahead to the key data points this week.

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