NAB Morning Call

FAANGs bitten; bonds hit by BoJ


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Tuesday 31st July 2018
Phil Dobbie talks to NAB’s Tapas Strickland about a session that has been high on movement, even though its been low on data. Tech stocks have taken a hit, partly through earnings results, but largely as a market correction. Oil has shown a sharp rise on supply concerns. The Bank of Japan’s attempts to control bond yields has impacted bond prices across the globe. Whilst the Aussie dollar struggles to get any traction, despite a weakening US dollar.
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NAB Morning CallBy Phil Dobbie

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