NAB – The Morning Call · US equities fall, pound rises ahead of Boris’ escape plan
0
AUDIO The Morning Call

US equities fall, pound rises ahead of Boris’ escape plan

By phildobbie — 1 week ago

Friday 19th February 2021

There have been big falls in US equities overnight after higher than anticipation jobless claims, showing its not a smooth recovery for the US. Bond yields on both sides of the Atlantic suggest there are inflation concerns but, as NAB’s David de Garis suggests, it’s difficult to draw definitive conclusions when most inflation signs have been in the goods sector where there have been significant supply disruptions.  Markets seem most enthused about the UK right now, where 16.5 million people have been jabbed and Boris Johnson will be announcing his escape plan from lockdown on Monday.

Post Views: 66

Leave a Reply

Your email address will not be published. Required fields are marked *

THE TWITTERATI

Phil DobbieFollow

Phil Dobbie
phildobbiePhil Dobbie@phildobbie·
9h

A big sell off in bonds globally. It’s the pace of the moves in yields that’s grabbing attention, says NAB’s Gavin Friend, which is also putting downward pressure on stocks and helped push the Aussie dollar over 80 us cents for a while. https://t.co/6Ag4OQIBff

Reply on TwitterRetweet on TwitterLike on TwitterTwitter
Retweet on TwitterPhil Dobbie Retweeted
phildobbiePhil Dobbie@phildobbie·
20h

Today, @tomYellowRail talks to me about the types of travellers tourism operators should be focusing on later this year. Plus the Bank of England Governor speaks out against the EU’s attempts grab all Euro clearing. Listen at https://t.co/BJWiUlNmke or your fave podcasting app.

Reply on TwitterRetweet on Twitter2Like on Twitter1Twitter
Load More...
Scroll to top