2 January 2018

Bassanese Bites: $A looking vulnerable – Week beginning: 11 December 2017

The past week was one of consolidation for global markets following confirmation that the US Senate managed to pass it own version of the tax cut bill.  There’s now likely to be a week or so of haggling as both chambers of the US Congress attempt to reconcile their differences and agree on a single bill to present to the President (which he will most obviously sign!).  All up, there’s probably a bit more positive news markets can wring from this story in coming weeks before we can say its “fully priced.”

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