Markets are mixed today, says NAB’s Ray Attrill in today’s podcast, with equities bouncing back on reflation expectations, whilst bond markets remain cautious over the speed of recovery.
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NAB’s Rodrigo Catril says markets are positioning themselves for positive outcomes from the US Q2 earnings season that kicks off today. Christine Lagarde’s news on the continuance of PEPP has had less influence. Today’s US CPI numbers could have more of an impact.
When iron ore prices were rising currency markets largely ignored it. Now it’s falling, the Aussie dollar is more susceptible says NAB’s Ray Attrill. So how low will it go? https://t.co/Qu30Mo9S46