The US dollar is down as Trump’s victory hopes weaken. NAB’s Tapas Strickland says the Chinese Yuan has also been buoyed by hopes of a Biden win.
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.
Markets still clinging to hopes of a US stimulus deal, but it won’t happen till next year says NAB’s David de Garis. Plus NZ zero interest rate expectations reignited.
Market sentiment turned by hope of a piecemeal stimulus deal, but NAB’s Taps Strickland wonders whether the Democrats will play ball. Plus, are the Australian government’s growth forecasts too optimistic?
President Trump ditches stimulus talks. NAB’s Rodrigo says there’s been a swift market reaction, but is Trump bluffing?
Strong numbers out of the US but, on today’s podcast, NAB’s Gavin Friend warns the pace of US jobs growth is slowing. Meanwhile the pound is up on Brexit hopes, the Aussie up on strong China PMI numbers.
Why has no newspaper yet used the headline 'Tiers of a clown'. Offering that one for free!