Tuesday 12 September 2017

It’s been a day where the markets have been defined mostly by what didn’t happen. As Phil Dobbie discusses with NAB’s Tapas Strickland, Hurricane Irma didn’t cause as much damage as was feared, Kim Jong Un didn’t fire a missile and President Trump didn’t tweet anything provocative. It’s seen a return to risk sentiment, helped by Texas on the road to recovery, with refineries reopening and helping to boost the oil price. But in the background, how will the Supreme Leader react to a UN Security Council resolution today and what of Britain’s Great Repeal vote and CPI figures today? They also look ahead to the Norwegian general election and NAB’s Business Survey out today.