This is in relation to earlier news from the US on tariffs directed at China: I expect we will see further retaliation from China in coming hours and days as the trade war directed at China escalates
This is the latest NZ government financial statement update (for 8 months into the financial year) The 8 month surplus is NZD 49m larger than was forecast
The index to 128.0 from the previous month’s 127.7 – Third consecutive monthly rise ANZ comments on what is supporting sentiment: – low unemployment, solid income growth ANZ look for GDP growth in the 2 to 3% range based on their composite confidence gauge
No White House policy actions about Amazon.com Inc are on table at this time, but that could change – Reuters report citing “source familiar with white house proceedings” ‘That could change’ …. White House threats against Bezos intensifying
Coming up at 0130GMT (Wednesday 4 April 2018), but taking a back seat in terms of interest to the retail sales numbers () … February building approvals
This is a still developing situation, but another mass shooting in the US – This time at YouTube headquarters – Law enforcement report that the shooter is now dead
US Treasury issues the list now – to impose tariffs on about USD 50bn of Chinese imports – covers around 1300 products – increase in tariffs around 25% To the extent that trade war tensions continue to escalate, this is a negative for risk
Tesla ends 1Q making 2020 Model 3s/week The sales data is looking good for March.
GM deserts monthly reports It’s the first full business day of the month and that usually means US auto sales data. The numbers generally trickle out from manufacturers throughout the day and then are tallied shortly before the US close.
Bloomberg report from earlier. USD/CAD falls Trump wants to announce a preliminary NAFTA deal at a summit in Peru next week, according to three people cited by Bloomberg.