Broad sell-off of the US dollar at month end, says NAB’s Gavin Friend. Plus, some bad numbers to hurt equities – whilst the Fed and ECB look at stepping up loans. But is it enough?
The US Fed warns of considerable medium term risk but markets see optimism. NAB’s David de Garis looks at the FOMC meeting, with the ECB up next.
Today’s weekly death certificates form the ONS suggest the UK has bit hit the hardest by COVID-19, by quite along way.
Calmer moves on oil prices has had a stabilising impact on markets, says NAB’s Gavin Friend on today’s podcast. Plus what to expect from EU leaders meeting soon to talk next steps.
Equities bounced back in the US today, as attention switches beyond temporary inflation to the US getting back to work. All the signs we are seeing are that the US is reopening, say David de Garis. https://t.co/PGhGeZ6DH2
US CPI numbers came in much higher than expected, with a swift market reaction. NAB’s David de Garis says the bond market reaction has been mature, but you could argue that the equity market has overreacted. Listen to why: https://t.co/UbdAjb9zja