Sentiment Improved as Some Republican Lawmakers Urged to Avoid Trade War. RBA Left Cash Rate at 1.5%, As Widely Expected
ErrolLandaleInvestors appeared to have shown some signs of relief amidst internal division of US President Donald Trump's proposed imposition of metal tariff. Risk appetite reemerged. Wall Street rose for the first time in 5 days with the DJIA and S&P 500 indices gaining +1.37% and +1.1% for the day. Treasury yields were mixed. While 2-year yields stayed flat at 2.24%, 10-year yields climbed higher to 2.883% from +2.88% from the prior day.
See the rest here:
Sentiment Improved as Some Republican Lawmakers Urged to Avoid Trade War. RBA Left Cash Rate at 1.5%, As Widely Expected
