NAB’s David de Garis explains why bond yields rose sharply overnight as the markets contemplate the Fed’s dovish tone yesterday. Bigger moves in oil, as tensions ratchet up between the US and Russia.
The US Federal reserve suggested no rate rise until 2024. On today’s podcast Kallum Picking says it might happen sooner. Plus what to expect from the Bank of England today, is Uber a sustainable business model and Dominic Cummings admits he was the puppet master.
The Times says the government is struggling with what to do with a windfall tax if they had one. One option they reckon is to reduce the cost of energy. Which of course helps everyone, but richer higher energy users would be the biggest beneficiary ...
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