-
Weekly Market Update - Aussie dollar remains hostage to trade negotiations
The first half of the week was dominated by caution. Ahead of key US-China trade talks in Washington this week, the US administration announced visa bans and a blacklist of Chinese tech companies, accusing them of being implicated in human rights violations. The blacklist bans them from doing business in the United States. video That announcement came just as working level preparations were taking place for high-level trade talks due to begin Thursday in Washington. That is the first time the US administration cited human rights as a reason for action. Past moves to blacklist companies such as Huawei have been ... (full story)