NAB Morning Call

Arriverderci, Mario; pound hit by Boris’ election hope


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Friday 25th October 2019
Mario Draghi has painted a grim picture as he steps away from the ECB. Phil Dobbie asks NAB’s Alex Stanley whether he has done a good job, and what will be the next move as Christine Lagarde takes charge. PMI readings in various parts of the world have been very weak, heightening the need for a trade resolution. But has Vice President Mike Pence delayed progress with his outspoken comments on China overnight. And in the latest Brexit twist, the pound has weakened as Boris Johnson calls for an election on December 5th, but there’s no guarantee it will happen because of, well, politics!
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NAB Morning CallBy Phil Dobbie

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