Original article by David Rogers
The Australian – Page: 28 : 6-Sep-19
Sharemarkets across the Asia-Pacific region rallied on 5 September as investors welcomed news that the US and China will hold trade discussions in early October. Both nations imposed new tariffs at the start of September, while the US is scheduled to increase tariffs on a range of Chinese goods on 1 October. Meanwhile, financial markets have priced in an 88 per cent chance that the Reserve Bank of Australia will reduce official interest rates in October, followed by another rate cut by May.
RESERVE BANK OF AUSTRALIA, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, STANDARD AND POOR’S ASX 200 INDEX, SHANGHAI COMPOSITE INDEX, NIKKEI 225 INDEX, KOSPI INDEX, HANG SENG INDEX