AM Notes: Not talking to you anymore
China "indefinitely" suspended on Thursday all activity under a China-Australia Strategic Economic Dialogue, its state economic planner said, in the latest setback for their strained relations.
"Recently, some Australian Commonwealth Government officials launched a series of measures to disrupt the normal exchanges and cooperation between China and Australia out of Cold War mindset and ideological discrimination,"
Things have been tense for a while, but markets obliged nonetheless, and sent the Aussie 50 pips lower with buyers stepping in around 0.77...
FX markets are largely stuck around key levels and ranges, awaiting a fresh impulse...
EURUSD is stuck right on
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