Wednesday 1st August 2018
The markets somehow expected more from the Bank of Japan, who outlined only minor tweaks to its policy stance. But as Phil Dobbie discusses with NAB’s David de Garis there was a swifter market reaction to news that the US and China might restart trade talks, hopefully removing the threat of further tariffs. What does that mean for the Aussie dollar? Meanwhile Canada celebrates strong GDP growth, but reportedly finds itself shut out of NAFTA talks. All this, with the next FOMC meeting less than a day away.