The UK Prime Minister will table her Withdrawal Agreement again tonight. Its acceptance, or otherwise, will determine the date of Brexit – which was to have been today. Phil Dobbie talks to NAB’s Tapas Strickland on what happens next. They also discuss possible delays in US China trade talks and its impact on the global economy. Plus the slowdown in New Zealand and what to expect from US inflation figures tonight.
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More caution on manufacturing undershoot
US ISM manufacturing numbers were a little less than expected, but NAB’s Rodrigo Catril says it was enough to add to the market’s sense of caution over fears the global recovery is slowing. China’s lower Caixin PMI didn’t help.
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Festive red is not a colour we want to see right now
A sea of red in the markets today. And, as NAB’s Rodrigo Catril discusses on The Morning Call, it’s not a jolly festive red.
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Navigating out of the COVID crisis
Will economies simply come bouncing back? Not with the accumulated levels of private debt says @profstevekeen. So what should governments and central banks do now?
