Fed turns hawkish, bank liquidity problems continue, oil slides further
The FOMC sounded more hawkish than expected. NAB’s David de Garis talks through the market reaction, the Trump tweet and oil returning to levels pre-Saudi crisis.
Day: September 18, 2019
THE TWITTERATI
NAB’s Ray Attrill talks through the Aussie dollar’s swift response to yesterday’s jobs numbers and weak activity data from China. But that’s not the only bad news … https://t.co/P9PCKUVaS4
The NZ dollar soared as the RBNZ kept rates on hold yesterday. NAB’s David de Garis says the dollar has kept that level since. Otherwise markets were fairly muted given a total lack of other surprising news. https://t.co/wao1Bfllvh