Thursday 30th November 2017

The pound has been helped by hopes that trade talks on Brexit will start next month and global bond yields are a lot higher. As NAB’s Rodrigo Catril explains, the rise in yields appears to have been triggered by higher than expected German inflation. The USD is also enjoying positive news, with a strong GDP reading and more data out tonight. Meanwhile the share market seems to be rearranging itself in readiness for news on President Trump’s much heralded tax bill. Plus what to expect from Australia’s capex reading today.