Day: 23 August 2021

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AUDIO The Morning Call

Markets turn giddy on COVID news

By phildobbie — 12 months ago

Markets are paying attention to early signs of falling COVID case numbers in the US says NAB’s Rodrigo Catril, which has caused a big turnaround in market sentiment. Full authorisation of vaccines, beyond emergency use, has also helped.

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Phil Dobbie
phildobbiePhil Dobbie@phildobbie·
47m

The Aussie dollar has fallen sharply on weak Chinese data. Oil has also fallen markedly, with NAB’s Ray Attrill says that’s a combination of the China data and hopes of an Iran nuclear deal that would add more oil to global supplies. https://t.co/Q0fzeqBcGU

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phildobbiePhil Dobbie@phildobbie·
14 Aug

Equity markets pushed higher in the US on Friday. NAB’s Tapas Strickland says strong corporate earnings have helped, and a belief that the Fed will not be moving much further on rate hikes – even though Fed speakers are keen to suggest otherwise.
https://t.co/kfx64QYyFS

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