Tuesday: Trump's economic 'transition' comments hit markets
Mar 10, 2025•9 min
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Episode description
US stocks and US bond yields are down sharply this morning after Donald Trump accepted the US economy was slowing. Oil prices keep falling on global demand and supply fears. The euro is surging on hopes for bigger European investment spending.
In our bonus deep dive interview, ANZ Senior Commodities Strategist Daniel Hynes looks at the surprising performance of US shale oil producers and how they might respond to lower prices in a ‘drill, baby, drill’ era.
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