5 March 2018

Bassanese Bites: Tariffs & Wages – Week beginning: 05 March 2018

It was another roller coaster week across global markets, with the key highlights being testimony by new United States Fed chair Jerome Powell and the Trump tirade with regard to steel tariffs. Equities sold off and both the $A and local bond yields fell.  The $US and US bond yields, however, managed to hold up ironically because of safe-haven flows due to US-induced global equity market volatility.

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