NAB – The Morning Call · Not much to be thankful for

Not much to be thankful for

Thursday 26th November 2020

It’s Thanksgiving today in the US and markets have been cautious ahead of the holidays. Vaccine hopes have been pushed aside after Wednesday’s post first-wave high for COVID fatalities in the US. There was also a string of disappointing data, including a rise in unemployment claims for the second week in a row. NAB’s Ray Attrill gives us his reaction to the FOMC meetings, hot off the press. Plus, the UK’s Rishi Sunak paints a glum picture for the UK economy, but manages to avoid mentioning Brexit.  A quiet data for global data, but at home private capex number, with a wide variety of opinions on what they’ll actually come out at. And, what’s going on with the Kiwi dollar?

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