Aussie soars on stellar jobs data

Jobs added in June beat estimates by a mile The Australian economy added a massive 50.9k jobs in June, well above economists’ forecasts of a 17.0k increase and the biggest monthly gain since November. Adding…

China GDP growth slows in Q2

China Q2 GDP growth as expected, though lower than Q1 In this morning’s China data dump, Q2 GDP growth came in as expected but industrial production disappointed. The Chinese economy grew 6.7% y/y in Q2,…

Equities shrug off trade tariff tensions

Is the negotiating table being dusted off? Was it a storm in teacup? Equity markets across Asia shrugged off yesterday’s post-tariff announcement weakness and are trading in the black through the Asian session. Nikkei225 rose…

Risk-off mode pauses for breath in Asia

US Treasuries benefit from safe haven flows The escalating trade war between the two economic superpowers, US and China, continues to weigh on investor sentiment. Safe haven flows from both equities and currencies are targeting…