The week’s got off to a quiet start. As Phil Dobbie discusses with NAB’s Ray Attrill, stocks have taken a step back on weaker earnings figures from two major banks. The Canadian dollar has taken a hit from a business survey that shows demand and business sentiment is softening, but the Empire Manufacturing Index tells a more positive story south of the border. Meanwhile the Aussie dollar has held steady – will the minutes of the last RBA meeting contain anything that will send it moving either way today? Or is it just time to sit back and eat the chocolate?
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Markets Panic after US inflation surprise
Massive market moves today, continuing the damage from Friday following the higher-than-expected CPI numbers in the US. NAB’s Tapas Strickland says the word ‘panic’ describes what’s going on right now.
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An Employment Pool of Eager Aussies
Can we close the wide gap between the employment chances of indigenous and non-indigenous Aussies? We can if you play your part.
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Weaker US dollar and equities as markets take stock
A quiet session with falls in the US dollar and equities – but broader confidence remains in the US says NAB’s Gavin Friend.
