17/01/2019 – Argonaut Morning Note

January 17, 2020

Key News Overnight: The record-setting U.S. stock rally shows little sign of slowing down. All three benchmarks surged to new highs, fuelled by signs consumer demand remains strong. Treasuries fell, with 10-year yields up three basis points. The Senate passed Donald Trump's U.S.-Mexico-Canada trade agreement, handing him a major political win...

16/01/2019 – Argonaut Morning Note

January 16, 2020

Key News Overnight: US stocks ended higher on Wednesday with the Dow posting a record close after the United States and China signed a Phase 1 trade agreement and pledged to resolve a tariff dispute that has impacted financial markets for over a year. Traders were also busy assessing corporate results...

15/01/2019 – Argonaut Morning Note

January 15, 2020

Key News Overnight: The U.S. tariffs on China are staying put. The Trump administration is unlikely to remove the levies until after November's presidential election and any move to do so is contingent on Beijing's compliance with the phase one trade agreement. The U.S., EU and Japan agreed to seek stronger...