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A Boris Bounce, Corona concerns and Trump Targets Europe

There continues to be concerns about the spread of the Corona virus. As Phil Dobbie discusses with NAB’s David de Garis, US equity markets have regained composure but will news of a lockdown of the Wuhan district fan further volatility? The UK seems to be enjoying a bounce after the recent election, with positive business sentiment pushing the pound higher, whilst a very dovish statement from the Bank of Canada has sent the Canadian dollar lower. Locally, the focus will be Australian employment numbers today, although the read is likely to be influenced somewhat by the bushfires. And President Trump has indicated a deal with the EU is his next target, by November, threatening auto tariffs if things don’t moved forward satisfactorily.

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