Overnight saw a big sell-off of US and European stocks. Phil Dobbie asks NAB’s Gavin Friend whether it was the correction we had to have, genuine concerns over tariffs or something else? In Europe bond yields are being impacted by the continued resolve of the Italian government to deliver a budget that falls outside EU regulations. They also look ahead to US CPI numbers today – could a strong read impact an already volatile market?
Overnight saw a big sell-off of US and European stocks. Phil Dobbie asks NAB’s Gavin Friend whether it was the correction we had to have, genuine concerns over tariffs or something else? In Europe bond yields are being impacted by the continued resolve of the Italian government to deliver a budget that falls outside EU regulations. They also look ahead to US CPI numbers today – could a strong read impact an already volatile market?