Wednesday 29th November 2017

The pound was drifting downwards overnight until sudden reports suggested an agreement had been reached on the size of the UK Brexit divorce bill. As Phil Dobbie discusses with NAB’s Gavin Friend, if it means trade talks can commence next month, then it’s the most positive Brexit news of the year so far. Meanwhile the US dollar has been helped by a mix of positive data and a conciliatory tone set by Fed chair in waiting Jay Powell, who fronted up to his senate confirmation hearing overnight. We talk about what he had to say with NAB’s Rodrigo Catril.