Thursday 6th April 2017

Most currencies and equities moved very little overnight. You could argue that’s because everyone is waiting for Friday’s non-farm payrolls data. Or are we, as Phil Dobbie asks NAB’s Tapas Strickland, seeing a more cautious, calculated approach from the markets. Also, with Steve Bannon off the National Security Council, maybe there are signs of a more restrained President Trump. We’ll find out, as his two-day meeting with President Xi Jinping kicks off soon. We also look at positive data from the US and UK (don’t they know there‘s a Brexit on?)