Monday 21st May 2018

Steven Mnuchin says the trade war with China is on-hold, for now, after the agreement that will see China supposedly buying more from the US, but not the reported extra $200 billion worth. Phil Dobbie asks NAB’s Ray Attrill what this will mean on the markets this morning. With the US economy outshining the rest of the world, they also discuss now long this dichotomy can continue. Europe, for example, is being dragged down by uncertainty in Italy and Canada is contending with drawn out talks on NAFTA. What does this mixed environment mean for the Aussie dollar?