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Today:

Ansell?


From Market Matters


As we suggested in a ‘Midday Market Update’ , the key to the market is now whether the next few days brings negotiation or tit-for-tat measures;


An aggressive response by China, Europe and others will be bad for markets.

Trump has left the door open to dialogue, suggesting tariffs could be lifted if foreign governments agree to remove theirs on US goods. Evidence of this would be good for markets.

We think there is a strong possibility of negotiation, though we have certainly not discounted the near-term risk of retaliation. The coming days will be important, and unfortunately, tariff talk will be around for some time yet.


The ASX200 fell -74pts/0.94% closing at 7859

Staples (+1.27%), Healthcare (+0.23%) and Communications (+0.07%) all in the green.

IT (-2.87%), Energy (-2.72%) and Materials (-2.01%) the weakest links.


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