A further fall in the US dollar helped the Aussie and Kiwi dollars to reach a two year high. So how longer will the trend continue. NAB’s Rodrigo Catril also looks ahead to the RBA and answers a question – is the Phillips Curve dead?
NAB’s Ray Attrill explains the response to Powell’s Jackson Hole speech and the implications from Shinzo Abe’s resignation last week.
Jerome Powell talked about the Fed’s new approach, aiming to keep inflation average two percent. NAB’s David de Garis says that means they will allow inflation to rise higher – very different to the approach of the ECB. But does it matter, when inflation has been so low for so long?
Whether it’s the fiscal policies of the government or the monetary policies of the central bank, it all still revolves around using money that wasn’t around a few months ago.
Equities hit new highs in the US again, on the back of positive data and despite rising tensions with China and the dangers posed by Hurricane Laura. NAB’s Rodrigo Catril also talks through expectations from the virtual Jackson Hole symposium.
A bit of market confusion, with mixed data and anticipation ahead of Jackson Hole. NAB’s David de Garis talks through another day with rising equities and a falling US dollar.
NAB’s Rodrigo Catril says investors are back to reacting to the vaccine hopes, for now.
Europe’s recovery slows, whilst the US does well. NAB’s Ray Attrill says when you look at COVID rates and it all fits together. Meanwhile President Trump fast tracking vaccine.
Higher equities, less interest in bonds, yet there’s still the COVID risk. NAB’s Gavin Friend dives into the choppy waters we’re seeing right now.
NAB’s David de Garis says the markets were disappointed that the FOMC minutes didn’t hint at any magic policy bullet that some had hoped for.
