Comments from NAB:
- Up to a 40% chance the Reserve Bank of Australia cash rate goes below 2%
- The capex subindex points to moderate expansion in non mining
- "Confidence also fell across all industries except manufacturing and wholesale, suggesting common factors such as political and broader economic uncertainty may be at play ... perhaps the rate cut acted as a stark reminder of the significant headwinds facing the economy"
- "We still see another rate cut in coming months ... most likely May but the April meeting is live and data-dependent"


Gold Prices Steady as Hormuz Tensions Fuel Fed Rate Concerns
Japan Posts First Current Account Deficit in 17 Months as Dividend Payments Surge
US Dollar Near Two-Month Low as Markets Await Inflation Data
China Trade Surplus Beats Forecasts in July as Exports Stay Strong
Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist
Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease
Canada, US Hold Constructive Trade Talks as Tariff Negotiations Continue
Asian Currencies Steady as Markets Await U.S. Jobs Data
US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says
Trump Unveils $3 Billion U.S. Critical Minerals Push
US Stock Futures Rise as Markets Await July Payrolls Data
Gold Price Hits Seven-Week High as Fed Rate Hike Bets Fade and Hormuz Deal Hopes Grow
China Exports Beat July Forecasts as AI Demand Fuels High-Tech Trade
Australian Shares Fall as Westpac Slides, Miners Gain Ahead of RBA Decision
Japan Executives Warn Weak Yen and Currency Volatility Threaten Economy
Asian Stocks Mixed as Chip Selloff Hits KOSPI, Nikkei Ahead of US Jobs Data 



