Start your day with the Morning Call for the latest overnight key economic and market information straight from NAB’s team of expert market economists and strategists.
Words of caution from Bullard and Powell. NAB’s Rodrigo Catril talks to me about the market reaction on today’s Morning Call podcast, plus the risk-off mood that has driven new lows in European bond yields.
Quiet day on the markets ahead of the G20. As NAB’s Tapas Strickland suggests, even Trump’s introduction of further sanctions against Iran has had no influence. There’s not been a lot of data, but what there was wasn’t good.
Mildly better than expected economic data lifted the Euro at the end of last week, but NAB’s Ray Attrill says its not enough to change the ECB’s dovish tone. Plus the US and China turn up the rhetoric ahead of the G20 meeting at the end of this week.
On The morning Call podcast NAB’s Alex Stanley talks through the strong reaction to yesterday’s Dovish Fed, with bond yields continuing to call, the US dollar down and equities continuing to rise.
The lowdown from the Fed meeting and Powell’s press conference, from NAB’s David de Garis. That’s the first of three central bank meetings today. Plus, an important speech from the RBA’s Philip Lowe. And could Boris delay Brexit?
Big moves in European bonds as Mario Draghi finally talks about ECB stimulus, upsetting President Trump in the process. Phil Dobbie talks to NAB’s Gavin Friend about this sudden turn, the FOMC meeting tomorrow and rising equities on thawing of relations between the US and China.
All eyes are on Portugal today to see what Mario Draghi says at the ECB Forum. NAB’s Ray Attrill talks about that on today’s podcast, plus the surprise fall in US manufacturing numbers.
Lower bond yields and slower inflation expectations. Phil Dobbie talks to NAB’s Rodrigo Catril about rate cuts from the central banks.
More evidence of rising rate cut expectations in Australia and the US. NAB’s Alex Stanley talks through the indicators, plus discusses the implications of unrest following attacks in the Strait of Hormuz.
Trump not happy about new Russia German pipeline – a sign that he will go heavy on other European trade sanctions? NAB’s Gavin Friend on todays Morning Call podcast.
