Australian shares shoot up after Trump walks back tariff threat
The de-escalation fuelled a rally in global share markets as buyers ride the ‘Trump Always Chickens Out’ trade strategyFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralian shares shot higher on Thursday to recoup part of their recent losses, after Donald Trump dropped a tariff threat used against European allies amid his pressure campaign to gain control of Greenland.The de-escalation fuelled a rally in global share markets that flowed into Australia, sending the benchmark S&P/ASX 200 briefly above the 8,860 point mark, before a slight easing. Continue reading...
The de-escalation fuelled a rally in global share markets as buyers ride the ‘Trump Always Chickens Out’ trade strategy
Get our breaking news email, free app or daily news podcast
Australian shares shot higher on Thursday to recoup part of their recent losses, after Donald Trump dropped a tariff threat used against European allies amid his pressure campaign to gain control of Greenland.
The de-escalation fuelled a rally in global share markets that flowed into Australia, sending the benchmark S&P/ASX 200 briefly above the 8,860 point mark, before a slight easing. Continue reading...
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