Economic activity is being constrained by the virus upsurge in Euriope and US says NAB’s Gavin Friend. That’s caused a strong risk off mood today.

NAB’s David de Garis talks through what to expect from Philip Lowe’s speech this morning, President Trump’s upbeat performance overnight and more Brexit dither and delay.

The Aussie dollar is down. NAB’s Rodrigo Catril says it took two hits – first the reports of a ban on Aussie coal by China, secondly, caution from the US as the end of stimulus hopes sink in.

US equities rise despite the fall in stimulus hopes. NAB’s Ray Attrill short of answers for once. The Aussie and NZ dollars fall with the Renminbi as PBoc measures take hold.

The US dollar is down as Trump’s victory hopes weaken. NAB’s Tapas Strickland says the Chinese Yuan has also been buoyed by hopes of a Biden win.

Markets still clinging to hopes of a US stimulus deal, but it won’t happen till next year says NAB’s David de Garis. Plus NZ zero interest rate expectations reignited.

Market sentiment turned by hope of a piecemeal stimulus deal, but NAB’s Taps Strickland wonders whether the Democrats will play ball. Plus, are the Australian government’s growth forecasts too optimistic?

President Trump ditches stimulus talks. NAB’s Rodrigo says there’s been a swift market reaction, but is Trump bluffing?