Friday 9th June 2017

The exit polls show that the Tory government could lose a lot of ground, potentially losing 17 seats and not having enough to win outright. Meanwhile James Comey’s testimony has attacked the personality of the President but stopped short of offering fuel for an impeachment. It amounts to his word against Donald Trump, with little market reaction. And, as Phil Dobbie discusses with the NAB’s Tapas Strickland, the ECB sent mixed messages overnight – the economy is improving but QE won’t be lifted any time soon. All that, plus yesterday’s Aussie balance of trade figures and what to look out for today.