Thursday 1st March 2018

A transition agreement for Brexit is by no means a done-deal. The EU’s draft agreement is far from acceptable to the UK. The reaction has hit the pound, bond yields and equities – Phil Dobbie asks NAB’s Ray Attrill if the situation could worsen if Theresa May offers up no answers. They also discuss the growth in US oil production, Europe’s evasive inflation, China’s cooling economy and what to expect from today’s capex figures in Australia.