Episode Details
Back to EpisodesTuesday: Stocks & USD surge on trade deal
Published 10 months, 2 weeks ago
Description
US stocks, the US dollar and oil prices surged overnight on hopes a US deal with China to both slash their tariffs for 90 days will stick, and revive growth prospects. Gold, safe haven currencies and bond prices fell. Markets will now focus on US inflation data tonight.
In our deep-dive interview, ANZ Australia Economist Sophia Angala analyses why China’s domestic growth means more for Australia’s exporters than China’s exports.
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