Equities hit by tech companies forward guidance, or lack of it. Burt NAB’s Rodrigo Catril says markets are all concerned about the escalating infection numbers and whether the US will see lockdowns.
Big movements in bond yields. NAB’s Gavin Friend says there’s an expectation that more central banks will move rate rises forward. Including the RBA? https://t.co/tFr4LHGKNg
The floating of currencies has created a massive forex industry. @ProfSteveKeen says it has made life harder for speculators, which is a good thing, but the world missed a trick when it ignored Keyne’s idea of the Bancor. https://t.co/NJDPcI33JI