Aussie dollar fall continues, bond yields down as trade delay persists
NAB’s Ray Attrill talks through the Aussie dollar’s swift response to yesterday’s jobs numbers and weak activity data from China. But that’s not the only bad news …
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.
The Kiwi flies, Powell stands still
The NZ dollar soared as the RBNZ kept rates on hold yesterday. NAB’s David de Garis says the dollar has kept that level since. Otherwise markets were fairly muted given a total lack of other surprising news.
President talks, but gives nothing away
The US President gives nothing away on trade talks, and the potential of a rate cut rises from the RBNZ. It’s NAB’s Rodrigo Catril on The Morning Call podcast today.
Brexit pact boosts pound
Sterling is the biggest move of major currencies on election manoeuvring. NAB’s Tapas Strickland explains why, and looks ahead to today’s NAB Business Survey.
Trump won’t rollover on rollbacks
When is a rollback not a rollback? NAB’s Ray Attrill tries to read the US President’s mood on trade talks, and what it means for markets this week.
Tariff rollbacks. Stock market up big.
It’s back to risk-on, with trade hopes now expecting a rollback on some existing tariffs. NAB’s Tapas Strickland talks through a sharp market reaction.
No time, no place, no momentum
NAB’s Gavin Friend talks through a complete U-turn in market sentiment – it looks like that US China trade deal won’t be signed this month after all.
High hopes and a gentle turning point
A risk-on mood – NAB’s David de Garis says it’s on the back of a strong ISM read in the US and hopes of more from the phase one trade deal with China.
Shocking Shopping Statistics, but RBA likely to hold
The Aussie dollar was only temporarily hit by the weak retail numbers yesterday. NAB’s Ray Attrill says it’s now tied up in the phase one trade talk optimism. Plus, what to expect from the RBA today.
Getting high on jobs growth
US equities on all-time highs. NAB’s Rodrigo Catril says it comes from further trade hopes and better than expected jobs data.
THE TWITTERATI
I wonder how much better life is going to get in Stockton-on-Tees? Parts of the town have a male life expectancy of 64. Can Boris fix it? Asking for a friend.