Thursday 9th August 2018

The markets are a little subdued this morning. Phil Dobbie asks NAB’s Rodrigo Catril whether this is to do with China’s (anticipated) retaliation against the US’s 25% tariff on $16 billlion worth of Chinese goods. Has China’s response made it seem real rather than rhetoric? They also discuss Japan’s trade talks that kick off today, what Philip Lowe had to say yesterday and the RBNZ Monetary Policy Statement this morning.