3th October 2017

The good news from the US is a stellar Manufacturing ISM reading – the best in 13 years. The bad news, of course, is the horrific shooting in Las Vegas. Phil Dobbie asks NAB’s David de Garis whether this will add to politic uncertainty, in much the same way as police violence in Catalonia has impacted Spanish bonds and the Euro. The positive manufacturing story is echoed in China and Japan, but not Britain where Brexit uncertainty continues to be a negative force. Plus, what to expect from the RBA today.