A Trio of Optimism

There are three bits of news driving optimism in the markets. So says NAB’s Tapas Strickland, talking to Phil Dobbie in today’s edition of The Morning Call. First, better than expected services PMIs for the Eurozone and China add to the hope that the worst of the market downturn is over. Secondly, the bilateral Brexit talks between Theresa May and Jeremy Corbyn add to the hope of a softer Brexit. And an FT article suggests the US China trade deal is making strong progress. We’ve had our own good news in Australia too, but let’s not get ahead of ourselves.

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