The US dollar was helped overnight with surprisingly low jobless claims numbers in the US. NAB’s’S Gavin Friend says it points to a tightening labour market, which should, theoretically, keep the upward pressure on wages. Yet, we also saw production prices fall overnight. He also discusses, with Phil Dobbie, the Halloween Brextension, the US earnings season and what to keep an eye on today, including the RBA’s financial stability review.
-
Will supply cut house prices?
We know the availability of credit has pushed up house prices, but is lack of supply still part of the equation?
-
Markets fizzle on false hope
Markets were on the rise on reports of a China US trade deal, but turned on no official confirmation. There’s a lot of crying wolf says NAB’s Tapas Strickland.
-
RBA week, oil volatility, Merkel’s coalition in danger
It’s RBA week with a slew of Aussie data today. NAB’s Rodrigo Catril talks through it, plus manufacturing hope for China and political uncertainty in Germany.
