NAB Morning Call

A swift reversal in choppy waters


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Friday 26th October 2018
US equities reversed their declines with a sharp rise overnight, ahead of today’s GDP numbers. We’ve also seen the US dollar rise again. Phil Dobbie asks NSAB’s Rodrigo Catril whether, as it breaks through technical levels, can we expect to see it rise further still? And Mario Draghi seems to have been singularly unsuccessful talking up the European economy, describing uncertainties like tariffs as only temporary. That all depends on your definition of temporary.
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NAB Morning CallBy Phil Dobbie

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