The markets are buoyed on reports that US auto tariffs due to kick in at the weekend will be delayed six months. NAB’s David de Garis suggests the President wants to take on one trade war at a time.
US real yields continue to boost the US dollar, says NAB’s David de Garis, with the Aussie and Kiwi dollars paying the price. Even with ‘stonking’ GDP and employment reads for NZ and Australia yesterday. https://t.co/3iekB2gD8d