NAB Morning Call

Europe and US, Perfectly Imbalanced


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Tuesday 27th June, 2017
ECB Governor Mario Draghi and former Fed Chairman Ben Bernanke both spoke out against inequality at the central banking forum in Portugal (read Bernanke’s speech here). Whilst neither were market moving, it highlights an issue the world faces. Phil Dobbie asks NAB’s Dave de Garis whether this means markets should pay more attention to government policy. Also, a spike in demand for gold, a rise in oil prices and a lot of Fed speak. Plus Theresa May has formed her strong and stable deal with the DUP, and it only cost £1bn.
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NAB Morning CallBy Phil Dobbie

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