Tuesday April 10th 2018

In the US the equity markets bounced back on Monday after Friday’s losses, with renewed interest in tech stocks. On this morning’s Morning Call with Phil Dobbie, NAB’s Tapas Strickland suggests the gains suggest investors have assumed, once again, that the rhetoric has more to do with Trump’s Art of the Deal rather than the expectation of a full-blown trade war. Meanwhile Russian shares, currency and aluminium prices have been hit by US sanctions that kicked in this week, whilst closer to home the latest NAB Business Survey will provide insights this morning on the state of the Australian economy.