Are Asian stocks in bubble territory? NAB’s Tapas Strickland suggests the PBoC will tighten policy. Plus, Aussie inflation, US earnings and the ECB’s response to the falling US dollar.

Markets are finding it hard to look through the COVID news. NAB’s Ray Attrill says there’s been too much bad news to ignore.

NAB’s Gavin Friend talks about how the ECB plans to tweek its bond buying. Plus Biden and Yellen on day one of the new Presidency.

Most companies have beaten earnings expectations. NAB’s Tapas Strickland says that explains why stocks are at all-time highs, plus the stimulus from the new Presidency.

Janet Yellen says the US administration needs to act big in the next Corona virus package. NAB’s Ray Attrill says she also signalled no change in direction regarding China.

As Biden prepares to move into the White House NAB’s Tapas Strickland says the unanswered question is his attitude towards China.

NAB’s Rodrigo Catril says Biden’s pledge to make sure everyone pays their share has hit equities in the US, whilst demand for bonds has risen as investor chase yield.

Jerome Powell has helped push Treasury yields higher. NAB’s Gavin Friend says the Fed Chair indicated they would look through any short-term rise in inflation as a reason to cut their bond buying.

Treasury yields continue to fall as Fed speakers downplay the prospect of tapering Fed purchases any time soon. NAB’s Tapas Strickland on today’s Morning Call.

A decline in Treasury yields following auctions in the US shows the appetite to hold them is still strong says NAB’s Rodrigo Catril on today’s Morning Call.