He says, Xi Says
Friday 31st October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABDonald Trump and President Xi have done a deal that staves off the 100% tariff hike, and actually sees existing tariffs fall a little. Phil asks NAB’s Gavin Friend why markets aren’t more excited after what Trump called a ‘truly great’ meeting. Meanwhile uncertainty has kept rates on hold for the ECB and the Bank of Japan. The Yen was the outlier in currency moves overnight. Today’s Tokyo CPI might indicate whether they made the right call. There was a mixed picture from…
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