Markets Unfazed by Trump Tariff Letters; Kiwi Outshone by Aussie ahead of RBNZ Hold
Posted 8 July 2025Global equity markets traded cautiously and remained stable on Tuesday, showing limited reaction to escalating US trade threats. Major European indexes moved in narrow ranges following modest gains in Asia, while US equity futures stayed flat. The restrained response suggests markets are neither complacent nor panicked as they assess the credibility and timing of new […]
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RBA Surprise Hold Lifts Aussie; Trump Tariff Threat Hits 14 Countries
Posted 8 July 2025Aussie rallied sharply on Tuesday after RBA unexpectedly held its cash rate steady at 3.85%, defying widespread expectations for a 25bps cut. While a majority of economists had penciled in an easing move, the 6-3 vote revealed deep divisions within the Board. It’s unclear whether RBA’s decision was influenced at the last minute by escalating […]
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