Lockdown jitters
The ferocity of the virus numbers of the US is seeing markets taking a more pessimistic short term view, despite positive vaccine news, says NAB’s Gavin Friend.
The ferocity of the virus numbers of the US is seeing markets taking a more pessimistic short term view, despite positive vaccine news, says NAB’s Gavin Friend.
No bounce in equity indices today, says NAB’s Taylor Nugent. It’s all down to growing concerns about a US economic slowdown. Like Cisco’s profit downgrade, for example. Plus the lowdown on yesterday’s Aussie employment numbers. https://t.co/aGBhCkChFv
People are feeling the pinch as inflation rises. We’re seeing how headline inflation hits consumer staples and discretionaries says NAB’s Ray Attrill, as major US retailers warn of falling margins. https://t.co/YOdbDKIv4Q