The claw back in US jobs is a grind, says NABs David de Garis, whilst the fiscal stimulus talks are in gridlock, and Brexit tunnel talks may not happen next week. Still, the mood is risk on!
Markets have responded favourably to a better-than-expected headline CPI read in the US, but NAB’s Tapas Strickland says there’s no clear sign that the core figure is falling yet. It’s too early to call a peak on inflation. https://t.co/YWb7180LeQ
US CPI numbers are out later today. NAB’s Rodrigo Catril says the Fed will be focused on the core numbers, the factors that they can try and control. Plus, why did Australia see a positive outlook in the NAB Business Survey, but falling consumer sentiment. https://t.co/HtD3d6Um0e