There’s a continued risk-off mood in the markets today, not helped by protestors forcing the closure of Hong Kong Airport and a surprise defeat of Argentina’s President Macri in primary elections at the weekend. Phil Dobbie talks to NAB’s Ray Attrill about the market impact of both of these factors, plus the weaker than expected credit growth in China. Does that mean the government’s policy to fuel growth with easy money isn’t working? And what of the repercussions for the Australia dollar. They also discuss today’s NAB Business Survey, CPI numbers for the US tonight and labour market data from the UK.