NAB Morning Call

Aussie GDP target missed, trade figures today; Loonie hit by caution


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Thursday 7th December 2017
The Aussie dollar headed south since yesterday’s GDP figures. Phil Dobbie asks NAB’s David de Garis if the response was consistent with such a small shortfall of the expected number and whether it will have any impact on the schedule of rate rises next year. They also look ahead to today’s trade figures, why the Canadian dollar fell despite no change in interest rates from the Bank of Canada, ADP employment figures from the US and the current state of Brexit.
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NAB Morning CallBy Phil Dobbie

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