Wednesday 29th June 2022
US equities switched direction overnight. NAB’s Taylor Nugent says it was a swift response to a weaker than expected consumer sentiment read in the US, with a particularly sharp fall in the expectations component. European yields are markedly higher today as Christine Lagarde spoke up the task at hand for the ECB, even though she continues to outline a hike of just 25 basis points in July. Today, Australian retail sales numbers are out, NATO continues to meet and the ECB forum in Sintra finally gets down to some meaty discussion.
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A double whammy for Christmas – markets still cautious
Could it be that the ‘tremendous’ trade deal promoted by President Trump isn’t as great as he makes it sound? NAB’s Tapas Strickland on why the markets remain cautious.
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5 ways for telcos to lift their game
This week’s Twisted Wire looks at how the telecommunications industry can improve its reputation, keep customers happy and get the regulators off its back.
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NBN: 4K down, 7 million to go
This week, the National Broadband Network Company (NBN Co) rather foolishly announced that it had achieved 4000 connections — when its own corporate plan had 35,000 connections by last June. No wonder they got hammered by the press.
