0

US open for business as earnings fall and Brexit debate returns

Equities took a hit as Caterpillar, a bellwether stock, missed its quarterly forecast, showing that the tariff war isn’t just hitting the Chinese economy. Phil Dobbie talks to NAB’s Tapas Strickland about the market reaction, the end of the US government shutdown (for now) and a busy day for Brexit, as Theresa May’s bill is debated again, with amendments from the House. They also discuss whether the Fed will slow down the pace of the wind-back on its balance sheet and what to expect in the NAB Business Survey this morning.

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to top