Overnight we saw rising US share indices and a strengthening dollar. As Phil Dobbie discusses with NBA’s Rodrigo Catril, its very different to the story back home, where rising unemployment numbers continue to pull the Aussie dollar down. Surely this is the catalyst for a rate cut? They discuss the factors driving markets higher in the US, and the consequences of a much-anticipated ban on Huawei. And the pound has been hit again as concerns of a no-deal Brexit rise with Theresa May announcing that she will set a timetable for her departure next month. Could Boris be PM?
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US manufacturing shows cracks, Brexit delays and Aussie GDP today
Could Brexit be delayed? Could the RBA move a rate cut forward? Will poor manufacturing data in the US be the impetus for a trade resolution? Three questions for NAB’s Gavin Friend on today’s Morning Call podcast.
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What’s driving the Great Resignation?
Steve Keen tells me that the Great Resignation is a kick in the balls of the gig economy. Ouch! So how does it play out now?
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Turnbull and Quigley: No love lost at NBN review
Tuesday night saw another six monthly review of the NBN’s progress in Parliament House: Malcolm Turnbull was there, and Mike Quigley had a score to settle.
