White House Econ. Advisor: China could end tit-for-tat `this afternoon'

In an interview with CNBC's Mad Money, Larry Kudlow, director of the U.S. National Economic Council, said that he believed that China wants to make a trade deal with the United States and added that they could end the cycle of tit-for-tat tariffs.

Kudlow also said that although he did not necessarily agree with President Trump's approach to the trade policy, it was China who was to blame for this trade conflict.

Australia: Bank funding costs more elevated - AmpGFX

According to Greg Gibbs, Analyst at Amplifying Global FX Capital, a curious development is a significant rise in Australian bank funding costs. Key Q
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AUD/USD bounces off two-week lows, now around 0.7365 level

   •  A modest USD retracement helps ease the bearish pressure.     •  Disappointing US housing market data prompts some short-covering. The AUD/USD
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