NAB – The Morning Call · A recovery plan in need of a rescue

A recovery plan in need of a rescue

European bonds.  COVID-19 infection numbers continue to rise – could the Michigan consumer sentiment read on Friday mark a shift in direction, as more lockdowns seem likely? Closer to home New Zealand’s PMI reading was positive – how different is the story for Australia now? There will be a lot of interest in a lunchtime address by the RBA’s Philip Lowe tomorrow and the government’s budget update on Thursday.

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