Australia & BNP Paribas

Australia: Australia condemned the 12.5% tariff as unjustified and inconsistent with its free trade agreement, vowing to lobby for removal.

BNP Paribas: BNP Paribas provided analysis that the tariffs are less disruptive than earlier measures.

Australia: S&P/ASX 200 rose, showing resilience.

BNP Paribas: Analysts remained skeptical of the intervention's long-term impact and suggested strategies for trading dollar/yen.

Australia: ASX 200 gains.

BNP Paribas: Strategists noted unusual market reaction to Fed meeting.

Australia: Qualified investors in Australia might be able to buy SpaceX shares, subject to local eligibility requirements and restrictions.

BNP Paribas: BNP Paribas's global head of equity capital markets, technology, Ygal El Harrar, commented on the high retail interest in the SpaceX IPO, noting a shift in technology companies' approach to retail participation.

Australia: Australia is mentioned as a market where HSBC recently agreed to sell its retail portfolio, part of the same restructuring.

BNP Paribas: BNP Paribas is mentioned as the previous owner of Emirates (airline)'s Egyptian subsidiary, providing historical context but not directly affected by this deal.