NAB Morning Call

Handbrake on car tariffs; Facebook lands facedown


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Friday 27th July 2018
Equity markets got a boost from the news that Trump and Juncker have reached an agreement to halt further tariffs but, as Phil Dobbie discusses with NAB’s tapas Strickland, tech stocks took a dent from the sharp fall Facebook’s earning results. The ECB offered nothing new to the market overnight, yet it seemed to impact the Euro nonetheless. And Michel Barnier confirmed there’s a lot in Theresa May’s white paper that will not be acceptable to the EU, leaving open the question about where Brexit is heading.
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NAB Morning CallBy Phil Dobbie

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