fbpx

Trading the US election, RBA rate cut and China export chaos | Nucleus Investment Insights

We start with the fiercely contested US election, in which vote counting is currently underway, and tipped to not be fully decided for some time, due to record numbers of early votes cast, both in person and by mail, due to the coronavirus pandemic.

On Tuesday, we had the Reserve Bank of Australia announce a key interest rate cut to an unprecedented 0.1% in conjunction with a $100 BILLON government bond buying program over the next 6 months, as it strengthens its resolve to rescue the Australian economy from its first recession in almost 30 years.

And this morning, news has come out that China has ordered traders to stop purchasing at least seven categories of Australian commodities, including coal, barley, copper ore and concentrate, sugar, timber, wine and lobster, ratcheting up tensions its key trading partner, US, in its most sweeping retaliation yet.

In today’s investment webinar Nucleus Wealth’s Head of Investments Damien Klassen, Chief Strategist David Llewellyn Smith and Head of Advice Tim Fuller cover Trading the US election, RBA rate cut and China export chaos

View the presentation slides here

More webinars


Take us on your daily commute! Nucleus Investment Insights is available in Podcast form on iTunes and all major Android Podcast Platforms.

 

Subscribe on itunes

Subscribe on Spotify

Subscribe on Google Podcasts

—————————————

Tim Fuller is Head of Advice at Nucleus Wealth.

// //