He outlined reasons to cut, and reasons not to (seed the post).
Given RBA timidity I guess the 'no cut' message is being perceived as the strongest and is helping OZ along. China markets are nopt plunging, that'll be caling also.
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FSS beats earnings, flat stock. PLOW raises guidance, sideways. GBX misses, flat. OSK down 20% on misses. WAB up 2.4%.
BofA cuts USD/JPY forecast to 152 (prior 157) and flags three triggers for yen bull turn
AppLovin (APP) soars 6.2% on strong revenue, while TTD drops 10.2% on weak guidance.
China announced it will purchase 200 Boeing jets, review rare earth export licences for civilian use and pursue reciprocal tariff cuts on $30 billion or more of goods with the US as part of a broad trade package.
SCHD's 16% YTD return beats S&P 500. VIG & HDV offer defensive plays amid rising rates.
ALSN's 83% revenue jump missed investor hopes, stock down 9.3%. PLOW up 19.8% but flat. GBX down 22.9%.
investingLive Asia-Pacific FX news wrap: Trump said, again, war will be over soon
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