Wednesday 5th September 2018
The Aussie and the Kiwi dollars have hit multi-year lows as the situation worsens in emerging markets, not helped by a sharp drop in the Rand as South Africa enters a recession. Phil Dobbie asks NAB’s David de Garis if things could get worse for the Aussie and Kiwi before they get better? Meanwhile the US economy seems to go from strength to strength, despite (or because of) the trade uncertainty. And Mark Carney spoke of Brexit today – was it another doomsday scenario from the central banker?