The battle between confidence and COVID numbers is being played out in FX markets, says NAB’s Gavin Friend. Europe could have a bigger influence next week, he says.
Even though bond yields have stepped back, they are still much higher than at the start of the year, says NAB’s Tapas Strickland. And lower rates for longer, the mantra of central banks everywhere, is pushing housing higher, particularly in Australia. https://t.co/BCc7dKM6BV