Trade tensions ease as China offers an olive branch – NAB’s David de Garis talks through the market reaction, notwithstanding the increase in tariffs this weekend.
Markets have retreated from the temporary optimism of yesterday. I talk to NAB’s Rodrigo Catril about the latest turn the US China trade talks, including falls in bond yields and equities. Still, there’s optimism in Italy and the UK. For now.
A few surprising remarks from Fed speakers, says NAB’s Alex Stanley on today’s Morning Call podcast. All eyes and ears on Powell’s words at Jackson Hole.
What can we learn from the FOMC minutes? NAB’s David de Garis talks to me about expectations from the US, a failed bond auction in Germany and a new ultimatum for Boris Johnson.
The markets have shown a complete reversal on yesterday. Phil Dobbie asks NAB’s David de Garis why the sudden change of fortune?
US dollar, equities and bond yields rise, but why? Phil Dobbie asks NAB’s Rodrigo Catril on today’s Morning Call podcast.
GDP in Q1 1.5% down on Q4. Hardly surprising given the lockdown. The economy is still 8.7% smaller than just before the pandemic, whereas US GDP is close to where it was, thanks to massive government spending.