Thanks @shovel40, @Fiji1, @uncleBuck and morning crew.
Half-time wrap:
Aussie shares rose after the White House announced a 30-day pause on tariffs on neighbours Canada and Mexico, sharpening hopes a damaging trade war may be averted.
The ASX 200 bounced 35 points or 0.42% a day after the threat of a trade war helped drag the index to its heaviest loss since August.
Tech companies, miners and banks led the rebound. Fortescue, Rio Tinto and Macquarie Group were the pick of the heavyweight gainers, adding at least 1%.
Overnight, US stocks pared heavy initial losses when the White House announced a temporary deal with Mexico, delaying tariffs while the Mexican government tightened security on the US border. The S&P 500 more than halved a morning loss of 1.9% to a final deficit of 0.76%.
Personal trading: Struggled to get on-board anything this morning. Too cautious with PUA. Holding MFG from yesterday on the bad-news-fourth-day-bounce strategy.
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- Afternoon trading February 4
Thanks @shovel40, @Fiji1, @uncleBuck and morning crew. Half-time...
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