Signs the sharp edges are coming off the global trade war have lifted US stocks and the US dollar, which means the Aussie and Kiwi dollars start lower this morning. South Korea’s economy weakened before the tariffs, while consumer confidence rises in New Zealand.

In our bonus Deep Dive interview, ANZ Group Chief Economist Richard Yetsenga says markets may be welcoming some positive tariff news, but there’s still plenty of uncertainty.

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