The G20 dominated news flow over the weekend, however not a lot to drive markets overall – which is fairly typical. Some positive news for Australian Steel and Aluminium producers which are set to be exempt from US Import Tariffs in a deal apparently agreed to on the sidelines of chinwag. Most focus will continue to be on global bond markets with the US 10 year yield settling around 2.39% on Friday, however it’s not just relevant to the U.S, interest rates globally are heading up and this impacts asset prices across the board.
