Friday 24th November 2017

We seem to have been comparing the plight of the Brits and the continentals a lot lately, but none more so than today. Phil Dobbie goes through the differences with NAB’s David de Garis, with Europe reporting best PMIs for six years and forecasts for the UK seeing income falling every quarter till 2020, at the earliest. Meanwhile, the Aussie dollar has not responded to a continued rise in iron ore prices - is that because there’s a more cautious mood around China?