On Monday NAB’s Rodrigo Catril said the markets are blowing
hot and cold on the Coronavirus – since then the markets have dived, then
climbed back again. Today has been largely positive across currencies, equities
and commodities, with bond yields also driven up. Phil Dobbie asks how much of this
positivity is responsible for the Aussie dollar picking up from a near post-GFC
low yesterday, and how much is from the optimistic (perhaps too optimistic) outlook
from the RBA? They also discuss NZ employment numbers today and US non-manufacturing
ISM numbers out tonight.
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Ten Common Writing Mistakes
Valerie Khoo talks through nine common writing mistakes. I’ve added another to round it up to ten.
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Fed thinking and trade talk pontificating
US stocks continue to rise but, as I discuss with NAB’s Rodrigo Catril, uncertainty remains over the China trade talks and there’s clarification needed from the Fed’s thinking in tomorrow’s minutes. The pound does well on strong jobs and wage numbers.
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Impeachment talk knocks markets
Equities, bond yields and oil all hit hard by impeachment proceedings against the US President. NAB’s Rodrigo Catril talks through a busy day for geopolitical news, on both sides of the Atlantic.
