The US President has been on Twitter in the last few hours threatening to lift tariffs on China by the end of the week, saying trade negotiation are moving too slowly. Phil Dobbie asks NAB’s Rodrigo Catril whether the markets should take him seriously this time? Plus, what can we expect for the pound, which rose on the disastrous results for the Conservatives in the UK local elections. The expectation is a Brexit deal will be struck sooner, but could it backfire? Plus, non-farm payrolls painted a familiar picture on Friday, with more jobs but lower wage growth. Is this fuelling an overheated equities market?
-
Aussie dollar caught in the storm
Sharp market moves last week with the expectation of faster Fed rate hikes and an unwinding of the reflation trade. The Aussie dollar has been caught in the storm, says NAB’s Rodrigo Catril.
-
Markets Hit by the Delta Blues
Rising cases of the prevalent COVID 19 variant give markets a strong dose of the Delta Blues. NAB’s Taps Strickland says tensions with China aren’t helping either.
-
Freedom Day for the UK, D-Day for the RBA
What follows the QE2 in September? NAB’s Ray Attrill says a flexible target is likely, but we can expect a ripple of surprises form the RBA today.
