Blue day after a blood moon
Markets take a pessimistic line today, but as NAB’s Gavin Friend suggests, the pound reflects renewed hope that a hard Brexit will be avoided.
The Morning Call
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.
Stalemate for Brexit and trade talks, IMF reduces forecasts again
Brexit and trade talks, both going nowhere. And, as I discuss with NAB’s Tapas Strickland, the IMF downgrades global growth forecasts again.
China to go shopping, UK to vote again?
Markets are riding high on hopes of a US China trade truce but, as BNAB’s Rodrigo Catril points out, sentiment can turn if the news isn’t as good as it sounds.
Delays, good and bad
The markets don’t like the ongoing trade dispute and US government shutdown but, as I discuss with NAB’s Rodrigo Catril, they’re happy to see the prospect of a delay in Britain leaving the EU.
A longer Brexit (perhaps), a boost for US banks and a bad night for the Aussie
Theresa May survives, positive housing data in the US, equities up, but why was the Aussie dollar down? I talk to NAB’s Ray Attrill.
Brexit vote defeat, confidence vote and a Sterling bounce
A humiliating defeat for the UK Prime Minister over Brexit. I talk to NAB’s Gavin Friend about the impact and what next.
Shutdown, Slowdown and Voted down
China’s slowdown continues. So does the US government shutdown. And what next for Brexit if the meaningful vote is knocked out of court, as expected? I talk to NAB’s Tapas Strickland.
Optimism despite shutdowns, recession prospects and a meaningless vote
The shutdown, Brexit, negative data (and revolts) from Europe and the trade impasse between the US and China. Yet the markets are a little optimistic, for now.
A choppy New Year
It was far from a quiet Christmas period, with market volatility driven by data, trade concerns, a government shutdown and a very different attitude coming from the US Fed.
2018 in Review from the Morning Call Team
The NAB Morning Call team take a look back at what’s been driving the markets in 2018 and what to expect in the new year.
THE TWITTERATI
The Fed a little less dovish? @NAB’s Ray Attrill on the first response to the FOMC minutes this morning: https://t.co/EOqaA2PyLg
Wow, 8 labour MPs and now three Tories. Time for UK politics to change.