Friday April 20th 2018

Oil and metal prices could be the root cause of future inflation pressures, not helped by US sanctions against Russia. As NAB’s Tapas Strickland explains to Phil Dobbie, the rising prices have had an impact on government bond yields in the US and Europe. US equity indices are largely down, not helped by some disappointing earning results. In the UK soft retail figures follow yesterday’s weak inflation data, but its only had a marginal impact on expectations for a May rate hike from the Bank of England. They also discuss Australian employment data, New Zealand CPI and Canadian CPI, later today.