Scotiabank says the latest US tariffs will have limited impact on effective tariff rates and on global growth.

Chinese Vice President Han Zheng met Indian National Security Adviser and China-India border special representative Doval in Beijing on the 25th. Han said Xi and Modi’s meetings in Kazan and Tianjin over the past two years produced important consensuses that have put bilateral ties back on a recovery path. He urged both sides to view the relationship strategically and long-term, implement leaders’ consensus, deepen strategic mutual trust, expand cooperation and multilateral coordination, and properly manage differences to advance sustained, stable development of China-India relations.

Reserve Bank of Australia minutes said the cash rate is at the upper end of model and market estimates of the neutral rate, but those estimates are uncertain.