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Tuesday: Trump threatens Fed independence

The ‘Sell America’ trade is back with a vengeance this morning after Donald Trump threatened the Fed’s independence again. The ECB cuts rates, with f…

1 year, 2 months ago

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Thursday: US & China forecasts downgraded

Global stocks slump again after Donald Trump restricts Nvidia chip exports to China. Safe-haven buying blasts Gold to US$3,349/oz. ANZ Research cuts …

1 year, 2 months ago

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Wednesday: RBA appears open to May cut

Stock markets were stable overnight although the volatility may be short-lived. The Reserve Bank of Australia opens up for a May rate cut, while tari…

1 year, 2 months ago

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Tuesday: Markets find some stability, finally

Global markets find some rare stability after Donald Trump’s temporary pivot on computer and phone imports. China’s exporters are stopping shipments …

1 year, 2 months ago

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Monday: Computer exemption relief may be temporary

The White House quietly exempted computers and phones from reciprocal import tariffs on Friday night after markets closed, but a Trump official has s…

1 year, 2 months ago

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Friday: Safe-haven demand lifts gold to US$3,193/oz

US stocks are down as the White House points out total tariffs on China actually add up to 145%. Gold jumps to a record high.  China is set to cut in…

1 year, 2 months ago

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Thursday: Markets jump after tariff pause

Donald Trump pauses reciprocal tariffs for 90 days, unleashing a furious rally in stocks, but increases his tariff on China to 125% after China retal…

1 year, 2 months ago

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Wednesday: 104% tariff on China confirmed

Global stocks initially rose overnight on hopes for trade deals, but are off their highs in late US trade on confirmation China’s exports will face a…

1 year, 2 months ago

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Tuesday: Trump threatens extra 50% tariff on China

Global markets are very volatile again this morning after Donald Trump threatened another 50% tariff on China. Hong Kong stocks fell 9.5%, their wors…

1 year, 2 months ago

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Monday: S&P 500 & AUD down sharply

Global stocks fall the most since March 2020 after Donald Trump’s Liberation Day tariff shock. The Aussie and Kiwi dollars slump after China retaliat…

1 year, 2 months ago

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