US data is bad, but not Eurozone bad

The US saw some poor economic data on Friday, including the ISM index hitting a two year low. Yet bond yields rose and so did equities. NAB’s Rodrigo Catril tells Phil Dobbie that it’s because the US downturn doesn’t seem to be as severe as in other parts of the world, particularly Europe. They also discuss President Trump, who gave his longest speech so far over the weekend, attacking the Fed’s rate hikes in the process. Could this influence the dollar today? Plus, how he is pushing China to respond on agricultural tariffs. And a busy week ahead for Australia.

Leave a Reply

Your email address will not be published.

Scroll to top