Fed’s emergency cut doesn’t halt the carnage
Big risk off moves after Fed’s emergency rate cut, including a massive drop in Treasury yields. NAB’s Rodrigo Catril talks through another volatile 24 hours.
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.
RBA ready to cut; G7 phone hook-up helps markets
A rate cut is very likely from the RBA today, but NAB’s Ray Attrill says a phone hook-up tonight of G7 central bankers will set determine the global emergency approach.
WHO declares another case of Johnson impregnation
WHO declares another case of Johnson impregnation – that pushes the unofficial count to six, but it could be much higher. Balls Radio has the facts.
China’s manufacturing crumbles, central banks ready to step in
The worst PMIs on record for China and central banks likely to coordinate rate cuts this month. NAB’s Tapas Strickland on the latest market responses to COVID-19 news.
The rout resumes on fears of the unknown
Huge volatility in the markets again. NAB’s David de Garis talks about how traders are struggling with the unknown.
Markets Grab a Short Breather
The markets are still very cautious over COVID-19 but NAB’s Tapas Strickland says there are signs that China is slowly getting back to work.
Further falls on virus news, Fed easing expectations rise
Markets are falling further as virus shows little sign of easing. NAB’s Gavin Friend says expectations are now rising for rate cuts from the Fed.
Sharp moves as COVID-19 concern reaches fever pitch
Oil, equities, bonds, currencies – all reacting sharply to the spread of COVID-19. NAB’s Ray Attrill talks us through the market fallout on today’s Morning Call podcast.
COVID-19 spreads further, bond yields fall
Markets respond markedly to COVID-19 spread on Friday. NAB’s Rodrigo Catril, talks through the big risk-off move on today’s Morning Call podcast.
COVID-19 Jitters hit Asian currencies; Aussie dollar at 11-year low
Virus concerns return and the Aussie dollar hits an 11-year low. NAB’S Rodrigo Catril explains why.
THE TWITTERATI
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. https://t.co/pLizn13mWG