Friday 23rd March 2018
President Trump signed an executive memo this morning, permitting tariffs on $50 billion worth of Chinese imports. Phil Dobbie talks to NAB’s Rodrigo Catril – he asks, is this the start of a trade war good and proper? The need for the senate to pass the government’s spending bill before another government shutdown, plus the resignation of one of Trump’s lawyers handling the Mueller investigation, will be adding to uncertainty in the markets. They also discuss the Bank of England rate decision overnight, yesterday’s Aussie employment figures and key data to look out for today.