NAB – The Morning Call · Moderate contagion, so far

Moderate contagion, so far

Tuesday 1st March 2022

The sanctions against Russia are taking their toll on Russia, with moderate contagion to the rest of the world, but its early days. NAB’s Rodrigo Catril says the reaction in markets highlights how much more Europe is exposed, with increasing demand for US dollars. On today’s podcast there’s discussion about the impact on markets, who is exposed to risk and whether today’s prices reflect an event which could rapidly escalate, the role China will play and the fate of the Aussie dollar in the midst of all this.

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