The Aussie dollar was on the rise overnight, even as all eyes and ears were waiting on an announcement on the next round of tariffs from the White House. As NAB’s Tapas Strickland explains, the Aussie has been helped by the news that the tariffs will be less than originally envisaged. But who comes off worst? Phil Dobbie points out that Chinese equities are faring a lot worse than US indices – is it all down to tariffs?
The Aussie dollar was on the rise overnight, even as all eyes and ears were waiting on an announcement on the next round of tariffs from the White House. As NAB’s Tapas Strickland explains, the Aussie has been helped by the news that the tariffs will be less than originally envisaged. But who comes off worst? Phil Dobbie points out that Chinese equities are faring a lot worse than US indices – is it all down to tariffs?