Wednesday 11th March 2026

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NAB’s Skye Masters says there’s been a wave of optimism in global markets, driven by President Trump’s comments on the potential end of the Israel-Iran conflict. It was also an historic day for corporate bond issuance in the US. The tide could be turning now though, as oil prices start to rise again this morning. Phil and Skye also examine the RBA’s hawkish stance following Andrew Hauser’s recent comments, and the latest results from the NAB Business Survey, which shows easing confidence amidst persistent capacity constraints. Finally, they look at China’s surprisingly strong trade data and the softening demand seen in the latest US Treasury bond auctions. US CPI tonight would normally be significant to markets, but it’s likely to be overtaken by events in the Middle East.

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