Tuesday 23rd May, 2017

President Trump has been in Israel hoping to bring peace to the Middle East, which might have deflected attention from proceedings in Washington but the US dollar still lost ground again overnight. Phil Dobbie talks to NAB's David de Garis about how politics and data is driving markets and what impact we can expect from the budget request today. Also, how the pound has wobbled as the British PM backflips on a key reform. May is still likely to win, but could her lead diminish further?