When iron ore prices were rising currency markets largely ignored it. Now it’s falling, the Aussie dollar is more susceptible says NAB’s Ray Attrill. So how low will it go?

This week @profstevekeen explains why a revolution never really happened in the way Marx prescribed, but how it could when workers fight for their part of a shrinking global economy.

Friday 30th July 2021 Markets have had a chance to absorb the dovish sentiment from the Fed yesterday and take stock of mixed data overnight. On the surface US GDP numbers looked weaker than anticipated, but a chunk of that was influenced by lower inventory and trade numbers. NAB’s...

The FOMC statement this morning had little market response, but NAB’s David de Garis says there has been a sharper reaction to words from Jerome Powell in the press conference that followed.

Tensions with China are seeing contagion from stocks to bonds to currencies. On today’s podcast NAB’s Ray Attrill says its fears of regulatory change that will quickly motivate investors to move money.

Major earnings results could help give equity markets more strength, but, on today’s podcast, NAB’s Rodrigo China’s regulatory uncertainty and slowing recovery rates are adding caution. All eyes will be on the Fed’s response later in the week.