Tony sycamore

The improved risk sentiment that emerged during the session yesterday flowed through into the European and U.S. sessions prompting a strong rally in equities and a round of selling in traditional safe-haven assets including gold.

The positive news flow that started midway through last week has continued today. After U.S. President Trump tweeted that “at the request of the Vice Premier of China, Liu He, and due to the fact that the People's Republic of China will be celebrating their 70th Anniversary on October 1st.” the proposed 5% tariff increase from 25% to 30% on U.S. $25...

The recent escalation in the trade war accompanied by a further deterioration in global growth has all but confirmed the Federal Reserve will cut rates by 25bps at its next meeting, Thursday, September 19 at 4.00am AEST.