ASX 200 live: RBA rate cuts, Trump tariffs in focus; Star Queen's Wharf deal extension; Northern Star down

Star, HK partners vary divestment deal. Northern Star dives on weak guidance, high capex. Origin's spike may be linked to Octopus UK updates. RBA's 25 basis points easing on Tuesday locked in. Crucial week for Trump tariffs. 

Goal post moved to August on Trump tariff deadline. Picture: Andrew Harnik/AFP

Welcome to the Trading Day blog for Monday, July 7. The ASX 200 index fell 0.2 per cent to 8589,3 points on Monday, as investors fret over US President Donald Trump's next tariffs move.

Wall Street headed early into its Independence Day break last week, with the S&P 500 and Nasdaq Composite indexes closing at new all-time highs. The Dow Jones index ended 0.8 per cent higher. But this week may see nervous trading, as indicated by the 0.5 per cent fall in S&P 500 futures.

Cryptocurrency giant bitcoin is around $US109,300.

The Aussie dollar is trading around US65.15c.