Further repricing in bond yields. NAB’s Rodrigo Catril says it’s a mix of expectations that the ECB will not relaunch QE this week and the German government will not add stimulus.
Most companies have beaten earnings expectations. NAB’s Tapas Strickland says that explains why stocks are at all-time highs, plus the stimulus from the new Presidency. https://t.co/nLXaYNCedC