Open for business
With risk aversion from yesterday’s block trade gone, and the Ever given floated, NAB’s Gavin Friend says attention will focus on price pressures, starting with Germany’s preliminary inflation numbers for March later today.
Day: 29 March 2021
If you gamble, you lose
Today, Rodney Hobson on the FCA’s concerns that too many inexperienced people are gambling on shares. Plus, the massive block trade on Friday and the loss in value of the company behind Andrew Neil’s GB News. And, have we reached peak-China?
THE TWITTERATI
As the govt penalise universities that do not focus on vocational degrees, worth noting that Boris studied 'Literae Humaniores'. A less job ready degree it would be hard to find.
A downgrade to inflation expectations on Friday gave market sentiment a boost. NAB’s Ray Attrill says it’s been taken as a sign that central banks might have to do less to soften demand and a reduced fear in recession risk. https://t.co/4xdqefB3O0