US equities bounced higher overnight, helped by Facebook’s earnings numbers. Phil Dobbie asks NAB’s David de Garis whether there’s any logic to the markets behaviour right now. They also discuss movements in bond yields as the government issues more debt, how Brexit negotiations supposedly have an end date, what to expect from Australia’s balance of trade, and what hit the Aussie dollar overnight?
US equities bounced higher overnight, helped by Facebook’s earnings numbers. Phil Dobbie asks NAB’s David de Garis whether there’s any logic to the markets behaviour right now. They also discuss movements in bond yields as the government issues more debt, how Brexit negotiations supposedly have an end date, what to expect from Australia’s balance of trade, and what hit the Aussie dollar overnight?