Day: 3 October 2019

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AUDIO The Morning Call

Services sector slips and rate cut hopes rise

By phildobbie — 3 years ago

Recent weak US data has sent the equity markets sliding. Yet today, evidence that the downturn is spreading to the services sector has seen shares rise. NAB’s Ray Attrill explains why.

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Phil Dobbie
phildobbiePhil Dobbie@phildobbie·
2h

The Aussie dollar has fallen sharply on weak Chinese data. Oil has also fallen markedly, with NAB’s Ray Attrill says that’s a combination of the China data and hopes of an Iran nuclear deal that would add more oil to global supplies. https://t.co/Q0fzeqBcGU

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phildobbiePhil Dobbie@phildobbie·
14 Aug

Equity markets pushed higher in the US on Friday. NAB’s Tapas Strickland says strong corporate earnings have helped, and a belief that the Fed will not be moving much further on rate hikes – even though Fed speakers are keen to suggest otherwise.
https://t.co/kfx64QYyFS

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