Business Brief: US-China trade war a ‘rollercoaster ride’ for Australian markets - TheWorldTimesNow

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Sunday, June 2, 2019

Business Brief: US-China trade war a ‘rollercoaster ride’ for Australian markets

Nicki Hutley from Deloitte Access Economics has described Australia's market movements as a 'rollercoaster ride', attributing the volatility to the US-China trade war. Ms Hutley says the market reacted favourably to the Coalition's surprise election victory on May 18, but 'gave back a lot of those gains' because of global instability sparked by the US. The trade war between China and the US continues to 'drive the market' and be a source of market volatility, she says.

from National | Daily Telegraph http://bit.ly/2W8XWHc

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