Brexit fears, more Trump tariffs and Powell close to neutral

Bank of England Governor Mark Carney has forecast the biggest downturn to the UK economy since the second world war if there is a disorderly ‘no deal’ Brexit in March. Phil Dobbie talks to NAB’s Rodrigo Catril about the market reaction – next to nothing. There was more of a reaction to Jerome Powell’s talk at the Economic Club of New York. Meanwhile President Trump is threatening more tariffs – this time on car imports. There’s also discussion on the data that will make a difference today, including Australia capex and the PCE deflator numbers for the US.

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