ASX gains as investors latch on to tariff relief
- The Australian sharemarket is expected to rise after US stocks rallied, with ASX futures up 110 points, or 1.4 percent, as investors anticipate trade deal progress.
- White House Press Secretary Karoline Leavitt stated that "the ball is moving in the right direction with China" regarding trade deals.
- US Treasury Secretary Scott Bessent remarked that the tariff standoff with China is "unsustainable" and anticipates the situation will de-escalate.
- ASX trading volumes are lighter this week due to the Easter holiday and upcoming Anzac Day.
14 Articles
14 Articles
Aussie 'winners' from China-US trade war revealed
A panel of experts has told Sky News Australia many Australian industries could come out as winners from China and the United States’ trade war, as the world's two largest economies look Down Under to fill gaps in their markets.
US funds flowing to Australian markets
SBS Finance Editor Ricardo Gonçalves speaks with Damien Boey from Wilson Asset Management about the day's market action, including what could be the end of US exceptionalism and why US funds may be flowing through to Australian markets.


ASX gains as investors latch on to tariff relief
The Australian sharemarket is back to where it was before US “Liberation Day” tariffs sparked a meltdown, amid hopes that tariff-related hostilities between the US and China are easing.
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