Thursday 14th June 2018

The US Federal Reserve lifted interest rates this morning, as expected. They also added a dot point, meaning they envisage two more rate rises this year. We can expect no movement at the ECB tonight, but will this be the meeting they announce the timetable for the ending of QE. NAB’s Ray Attrill talks Phil Dobbie through a busy day for the markets, which also includes UK retail sales data, China’s Industrial Production numbers, and Aussie employment figures. And from left field, President Trump is reportedly set to impose tariffs on China from tomorrow.