QIC QPod

Market Moments – 27 April


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QIC's Stuart Simmons, Head of Currency, discusses the latest COVID-19 updates and currency market impacts with staged openings starting to happen across the developed world, including locally where we are looking to ease restrictions in states such as Queensland. The backend of last week saw markets faring better with the front crude oil contract recovering and the passing of another stimulus package in the U.S. Beverley Morris, Director of Fixed Income & Absolute Return, discusses the weekend's bond market activity, noting a shift in sentiment over the weekend and questions whether the job keeper fiscal stimulus package will be unwound too early. Credit markets also continue to see support while Paul Nicholson, Director of Global Absolute Return & Income Funds, looks at the disagreements in Europe over proportion of grants over loans. However, the big news was locally with the latest NAB announcement dissected. Listen here for these topics and others.
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