Thursday 28th April 2022
Australian inflation rose more than expected yesterday. NAB’s Ivan Colhoun says it didn’t come as a complete surprise. NAB’s Business Survey has been showing rising input costs, and its likely inflation will rise till further in the next quarter. All that points to a high likelihood that the RBA will lift interest rates next week. Elsewhere, markets have had a temporary does of optimism, although NAB’s Rodrigo Catril says a resolution has to be found for Europe’s energy problems. There just aren’t enough global supplies to completely cut out Russia. US GDP and German CPI are two significant data releases today, along with the business activity outlook for New Zealand.
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Revolutionary ideas: Brooks and Bradlow
This week and next on Twisted Wire a variety of telecommunications experts give their views on how the industry will evolve. What changes will happen and how will telecommunications change the way we live?
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US continues a slow recovery, Europe’s mounting issues
A quiet session with equities helped by the tech sector and hopes that chip supplies are improving. Whilst the US recovery is happening slowly, there are mounting issues of concern for Europe. NAB’s Gavin Friend takes us through them on today’s Morning Call podcast.
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Virus concerns spread, RBA rate cut might be delayed
Growing risk-off mood on Corona virus spread. NAB’s Gavin Friend on this, plus Aussie employment, the ECB strategy and big day for PMIs.
