New 14 month lows as the downtrend gathers new momentum:
And the trigger:
President Trump escalated his trade fight with China on Monday, saying the administration would identify another $200 billion worth of Chinese goods that could face 10 percent tariffs, the latest volley in a dispute with a country that the president said was determined to keep the United States “at a permanent and unfair disadvantage.”
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Not to worry. The RBA is out with minutes shortly and Futureboom! is coming.
