Thursday 3rd December 2020
The UK is the first country to approve the Pfizer BioNtech vaccine and will start jabbing people with it next week. That’s kept Brexit off the front pages in the UK, even though the pound has taken a sharp hit as talks don’t seem to have progressed much at all. NAB’s Ray Attrill talks about Australia’s GDP numbers which technically mean we are out of recession, but unemployment and annual GDP suggest otherwise. He also talks about Philip Lowe’s comments about following the world on future QE decisions, softer jobs numbers in the US and what to look out for today, including the Caixin Services PMI.
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Trade war impacts as ECB prepares to pull out the stops
China feels the hurt from tariffs. NAB’s Ray Attrill talks through how markets are reacting to a trade war that looks like it’ll be with us for a while. Plus, the take-outs from Friday’s US payrolls data, what to expect from the ECB and the Brexit latest.
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How will the Data Retention Bill work?
A data retention bill was tabled in government late last year, now a parliamentary committee is set to report on their findings. So, are they any the wiser?
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Can US debt keep rising forever?
US government debt is now well over $23 trillion, It keeps rising. I ask @Profstevekeen if we’ll ever hit a point where this is a problem?
