99 days of confusion

Monday 28th April 2025

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Markets stayed positive through most of last week on the hope that trade deals will be done, and tariffs are being used as leverage rather than being a permanent fixture. But Phil asks NAB’s Ray Attrill what if deals aren’t done. A source report in the Wall Street Journal outlined the extensive topics to be covered in these deals. If solutions aren’t reached, does the US President reimpose his April 2 tariffs? He gives a big address of Tuesday, his 100th day in office, when that might be made clearer. Locally, CPI for Australia will be the key data point and will be highly influential on what the RBA does next.

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