Right now Theresa May is meeting with the EU on emergency plans for Brexit. Phil Dobbie discusses how the day will unfold with NAB’s Ray Attrill. They also analyse the messages from three central banks – the take out from the Fed minutes, Mario Draghi’s comments after the ECB meeting and what was it that the RBA’s Guy Debelle said yesterday to spur the Aussie dollar on so much? But it was probably the disappointing US CPI that were the biggest news of the night.
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FOMC minutes fail to map out direction
NAB’s David de Garis says the markets were disappointed that the FOMC minutes didn’t hint at any magic policy bullet that some had hoped for.
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Less jobs before Fed stops
The Fed shows no signs of letting up. And, despite the turmoil and a likely recession, NAB’s David de Garis says the BoE’s Huw Pill is still talking of a significant rate rise in the UK.
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Pound soars as Brexit draft deal done – now for the politics
The EU and UK have agreed a draft 500 page Withdrawal Agreement. It’s the first Brexit milestone, but will it stick?
