Massive moves on hopes of an oil truce and worse than anticipated jobless claims in the US – 10 million claims in two weeks, says NAB’s David de Garis.
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.
It’s a day of mixed emotions, says NAB’s Rodrigo Catril, with equities heading in opposite directions on each side of the Atlantic. COVID19 news is mixed too – there are glimmers of hope but the timescale may be longer than many had hoped.
An unprecedented spike in US jobless claims, yet equities rise sharply too. NAB’s Gavin Friend explains all hopes are now on the stimulus and hopes a recession will be short and sharp. But where’s the evidence?
As I remove the wallpaper, replaster bits and paint, I am looking for inspirational songs (puns only .. you must change a word in the song to make it relevant.) I am going to kick off with The Beach Boys - Help Me Render https://t.co/JSpYb75hlO