Wednesday 15th April 2020

Australia joined the bull run in the share market yesterday, clocking up 20.7 percent growth since March 23rd. Since then US equities have continued to rise on the hope that virus infections are levelling off and lockdowns will be eased soon. In the US an announcement is expected any day. Phil Dobbie talks to NAB’s Tapas Strickland about the positive impact this is having on the strength of the Aussie dollar, even after a disturbing set of numbers in yesterday’s NAB Business Survey. That sentiment was echoed in an IMF report, but trade figures from China yesterday surprised on the upside.