Markets have been waxing and waning on the impact of the Delta variant, says NAB’S Gavin Friend, so no surprise equities are struggling a little. Also, no surprise that the Bank of Canada didn’t cut bond buying, but its expected the ECB will do just that later on.
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
