Friday 20th December 2019

The Aussie dollar is one of the best performing currencies this morning. As NAB’s Dave de Garis explains, it’s held its position after the better-than-expected Australian Labour numbers yesterday. The NZ dollar is also doing well on the back of a rise in GDP growth, whilst the pound continues to fall on post-election Brexit jitters. As expected, the Riksbank lifted interest rates out of negative territory – a bold move at a time when all other banks are heading in the opposite direction. Dave also talks to Phil Dobbie about the importance of tonight’s PCE Core Deflator numbers from the US. And join us Monday morning for our end-of-year Markets Wrap.