Tuesday: Markets digest what Harris Presidency could mean
Kamala Harris’ backing to replace Joe Biden supports tech stocks, while a flight to safety sees the Aussie and Kiwi dollars both fall half a percent; European stocks rise on hopes of less trade friction under a Harris Presidency; And the People’s Bank of China surprises with an interest rate cut.
In our bonus deep dive interview ANZ’s Chief Economist for Greater China Raymond Yeung extracts the meaning in a key phrase to come out last week’s Third Plenum communique, and what it means for China’s economy.
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