Australian Treasurer Chalmers: Want to stabilize relationship with China

Market news

11 May 2023

Australian Treasurer Chalmers: Want to stabilize relationship with China

Australian Treasurer Jim Chalmers said early Thursday that he wants to stabilize relationship with China.

His comment comes after Chalmers on Tuesday confirmed that the federal budget for 2023-24 will feature an expected first surplus in over a decade.

Market reaction

At the press time, AUD/USD is holding steady at around 0.6780 after retreating from just below 0.6800 on softer Chinese inflation.

Currencies. Daily history for Thursday, May 11, 2023

Commodities. Daily history for Wednesday, May 10, 2023

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