NAB Morning Call

Fines, Ransoms and Rate Rises


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European bonds reacted sharply to a rosy picture of the Eurozone economy painted by Mario Draghi this morning. Whilst in London Janet Yellen was doing a similar sell job on the US economy. As NAB’s Rodrigo Catril discusses with Phil Dobbie, it seems in Europe at least we can expect central bank action sooner rather than later. So what about Canada? Maybe we’ll find out tonight. Meanwhile markets have reacted to another spate of cyber-attacks and to Google’s record breaking fine in Europe. And we thought it was going to be a quiet night.
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NAB Morning CallBy Phil Dobbie

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