No big deal, but softer US CPI.
Thursday 12th June 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABTwo big bits of news overnight, First, a trade deal has been reached between the US and China, that secures supplies of China’s rare earths for the US, and allows China to import goods that had previously been blocked. But, as NAB’s Sally Auld says, it really is a statement on what was talked about in Geneva, and tariffs remain in place, at 55% on China’s exports. No surprise then, that equity markets are far from excited about it. More significant was the softer US CPI print in…
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