Delays, good and bad
The markets don’t like the ongoing trade dispute and US government shutdown but, as I discuss with NAB’s Rodrigo Catril, they’re happy to see the prospect of a delay in Britain leaving the EU.
Day: January 17, 2019
THE TWITTERATI
A big drop in US equities shows hopes of a stimulus deal have collapsed, but NAB’s Ray Attrill says the rising pound suggests nobody believes Boris Johnson when he says he’s calling off talks over Brexit. https://t.co/k0FXhO4xcT
US retail sales calmed markets on Friday but NAB’s Rodrigo Catril wonders whether it can be sustained, particularly without further stimulus. There’s lots to create more volatility in the week ahead. https://t.co/Z9kXo7iauw