iSAM Expands UK Presence with Move to New London Headquarters

There are signs of renewed trade deal optimism. It was reported that the EU and the US are progressing towards an agreement that would set a 15% tariff for most imports, following the announcement of the US-Japan trade agreement yesterday.

President Donald Trump announced a trade agreement with Japan that includes a 15% tariff on Japanese exports to the US, significantly lower than the previously anticipated 25%

The Australian dollar edged lower against the US dollar following the release of the Reserve Bank of Australia’s meeting minutes. The RBA opted to defer a rate cut, viewing a July move as inconsistent with their ‘cautious’ strategy.