Friday 4th May 2018

The S&P500 fell a lot in early trade, testing some technical levels before regaining most of the ground. The US dollar has also retreated. Phil Dobbie asks NAB’s David de Garis what is driving his risk-off tone – is it data driven, concern over the China trade talks, or anticipation of tonight’s non-farm payrolls data. Meanwhile, another piece of weak data for Europe and the local council elections in the UK, a litmus test to add to Theresa May’s list of worries.

Friday 4th May 2018 The S&P500 fell a lot in early trade, testing some technical levels before regaining most of the ground. The US dollar has also retreated. Phil Dobbie asks NAB’s David de Garis what is driving his risk-off tone – is it data driven, concern over the China trade talks, or anticipation of tonight’s non-farm payrolls data. Meanwhile, another piece of weak data for Europe and the local council elections in the UK, a litmus test to add to Theresa May’s list of worries.

Friday 4th May 2018

The S&amp;P500 fell a lot in early trade, testing some technical levels before regaining most of the ground. The US dollar has also retreated. Phil Dobbie asks NAB’s David de Garis what is driving his risk-off tone – is it data driven, concern over the China trade talks, or anticipation of tonight’s non-farm payrolls data. Meanwhile, another piece of weak data for Europe and the local council elections in the UK, a litmus test to add to Theresa May’s list of worries.

Markets a little testy ahead of payrolls; both sides tight lipped on China trade talks

Start your day with the NAB Morning Call for  the latest overnight key economic and market information straight from our team of expert market economists and strategists. This includes perspective on overnight news and market price action and  the forces shaping movements in Australian and global markets in the days ahead.<hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

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Start your day with the NAB Morning Call for the latest overnight key economic and market information straight from our team of expert market economists and strategists. This includes perspective on overnight news and market price action and the forces shaping movements in Australian and global markets in the days ahead. Hosted on Acast. See acast.com/privacy for more information.

Start your day with the NAB Morning Call for  the latest overnight key economic and market information straight from our team of expert market economists and strategists. This includes perspective on overnight news and market price action and  the forces shaping movements in Australian and global markets in the days ahead.<p> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer">acast.com/privacy</a> for more information.</p>

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Markets a little testy ahead of payrolls; both sides tight lipped on China trade talks

Markets a little testy ahead of payrolls; both sides tight lipped on China trade talks

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