NAB – The Morning Call · Oil price spills over COVID recovery concerns
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Oil price spills over COVID recovery concerns

By phildobbie — 2 years ago

Wednesday 24th March 2021

Market sentiment has switched in the last 24 hours, with concerns that the economic recovery from COVID-19 might be slower than anticipated. The airline industry will feel some of the hurt, with European summer holidays likely to be off the agenda for most Brits. Janet Yellen and Jerome Powell were also guarded in their comments about the pace of recovery in the US, when they spoke to the House Financial Services Committee. The New Zealand dollar was the currency hit the hardest. NAB’s David de Garis says much of the fall is to do with government measures to try and restrict house price inflation, moving demand from investors to home buyers. Watch the PMIs tonight for signs of a widening gap between the European and UK economies, as Britain takes the jab many times faster than their cousins over the channel.

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Host of The Morning Call, The Why? Curve & Debunking Economics. Mildly amusing. Shares birthday with Trump, Boy George & Che Guevara, few days older than Boris.

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phildobbie Phil Dobbie @phildobbie ·
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I just don't understand my Google account anymore. I have an account for my email, now I'm out of storage although I signed up to Google One as well, possibly for a personal account, my corporate account won't work with my Google speaker. Seriously @Google it's a full time job!

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phildobbie Phil Dobbie @phildobbie ·
21h

Despite attempts to sound hawkish, NAB's Gavin Friend says three central banks (the #Fed, #ECB and #BoE) this week have failed to convince #markets . https://shows.acast.com/morningcall/episodes/we-dont-believe-you

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