The Buzzing Trends || What worsens the bilateral relationship between Australia and China?

Hi I am Sage and you are watching kalkine tv live from Sydney. This is The Buzzing Trends Australian stock market opened flat on Monday despite strong positive leads from the Wall Street on Friday. The S&P 200 is down by only 2 points today and is at 7058.70 (AEST:11:38 am). The US stock rallied on Friday after a sell- off on Thursday when the President Joe Biden announced to almost double the capital gain tax. Rally on Friday was headed by Megacap stocks on anticipation on strong earnings reports in this week. 

Another not that great news for Australia, is the fall in the World ranking of their Universities. Only 2 Australian universities could makeup to top 100 this year as compared to 4 last year as per the report submitted by Centre for World University Rankings 2020-2021.

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