Strong non-manufacturing ISM numbers and a resumption of trade talks spark a flurry of activity on stocks and bonds. I ask NAB’s David de Garis whether the markets will be as sensitive to tonight’s non-farm payrolls data.
The path of events suggests Boris Johnson has his sights set on resurrecting the Withdrawal Agreement. He just doesn’t want the DUP to know about it.
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.
