NAB – The Morning Call · Freedom Day for the UK, D-Day for the RBA

Freedom Day for the UK, D-Day for the RBA

Tuesday 6th July 2021

Boris Johnson has told the UK public that they are just two weeks away from removing their masks, getting back to work and forgetting about social distancing. Within reason. Is this why the pound had such a strong day today, on what’s been a quiet session with the US holiday.  Today, we know something will change with the RBA. That’s why Philip Lowe has scheduled a press conference this afternoon. But what exactly will be decided? NAB’s Ray Attrill talks through the possibilities. More importantly, what will cause the market to react? And oil rises sharply as OPEC+ talks fall apart.

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