Episode Details
Back to EpisodesThursday: Yields reverse after firm US retail sales
Published 2 years, 5 months ago
Description
Global markets were volatile again overnight. Slightly stronger than expected US retail sales unleashed a bounce in US Treasury yields, but US stocks and the ‘risk’ currencies, the Aussie and Kiwi dollars, held their gains.
In our bonus deep-dive interview, ANZ’s Senior Strategist in China ZhaoPeng Xing details the rise in the renminbi’s share of global currency and trade markets.
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