Calmer markets today, although commodity prices are rising which, along with the RBA messaging yesterday, helped the Aussie dollar back above 78 cents, says NAB’s Ray Attrill on today’s Morning Call podcast.
Today Berenger’s @KallumPickering reflects on the volatility in the markets last week. It’s largely good news as enthusiasm grows for a return to the sunny uplands later this year. But will it happen according to Boris Johnson’s schedule?
10.1 percent inflation in the UK. Even worse than expected. This can't be fixed by monetary policy. Bad time to have a zombie government.
Don’t expect a big increase in Australian wages today says NAB’s Rodrigo Catril in today’s podcast. That will come later in the year. Meanwhile the RBNZ continues to push hard on rate rises., with another 50 basis points expected today. https://t.co/Dr86bjVFY8