There wasn’t much progress on trade tariffs overnight. China only responded in words and there’s been little market response. As Phil Dobbie discusses with NAB’s David de Garis, the biggest moves have been in US equities, hit by a court ruling on state taxes, and the pound, after a moderately hawkish Bank of England meeting. They also discuss CPI figures for Japan, preliminary PMIs for the Eurozone, and this weekend’s OPEC meeting.
There wasn’t much progress on trade tariffs overnight. China only responded in words and there’s been little market response. As Phil Dobbie discusses with NAB’s David de Garis, the biggest moves have been in US equities, hit by a court ruling on state taxes, and the pound, after a moderately hawkish Bank of England meeting. They also discuss CPI figures for Japan, preliminary PMIs for the Eurozone, and this weekend’s OPEC meeting.