NAB Morning Call

Monday 15th April 2019

Last week finished on a positive note, sparked by a strong bounce back in credit growth in China, together with very strong export numbers. It saw money flow from the safe-haven of the US dollar and treasuries, to global equities. The Aussie dollar was another major beneficiary. Phil Dobbie asks NAB’s Rodrigo Catril whether the numbers significant enough to carry the risk-on sentiment through to this week?

Monday 15th April 2019

Last week finished on a positive note, sparked by a strong bounce back in credit growth in China, together with very strong export numbers. It saw money flow from the safe-haven of the US dollar and treasuries, to global equities. The Aussie dollar was another major beneficiary. Phil Dobbie asks NAB’s Rodrigo Catril whether the numbers significant enough to carry the risk-on sentiment through to this week?

Friday 12th April 2019

The US dollar was helped overnight with surprisingly low jobless claims numbers in the US. NAB’s’S Gavin Friend says it points to a tightening labour market, which should, theoretically, keep the upward pressure on wages. Yet, we also saw production prices fall overnight. He also discusses, with Phil Dobbie, the Halloween Brextension, the US earnings season and what to keep n eye on today, including the RBA’s financial stability review.

Friday 12th April 2019

The US dollar was helped overnight with surprisingly low jobless claims numbers in the US. NAB’s’S Gavin Friend says it points to a tightening labour market, which should, theoretically, keep the upward pressure on wages. Yet, we also saw production prices fall overnight. He also discusses, with Phil Dobbie, the Halloween Brextension, the US earnings season and what to keep n eye on today, including the RBA’s financial stability review.

Thursday 11th April 2019

Right now Theresa May is meeting with the EU on emergency plans for Brexit. Phil Dobbie discusses how the day will unfold with NAB’s Ray Attrill. They also analyse the messages from three central banks – the take out from the Fed minutes, Mario Draghi’s comments after the ECB meeting and what was it that the RBA’s Guy Debelle said yesterday to spur the Aussie dollar on so much?

Thursday 11th April 2019

Right now Theresa May is meeting with the EU on emergency plans for Brexit. Phil Dobbie discusses how the day will unfold with NAB’s Ray Attrill. They also analyse the messages from three central banks – the take out from the Fed minutes, Mario Draghi’s comments after the ECB meeting and what was it that the RBA’s Guy Debelle said yesterday to spur the Aussie dollar on so much?

Thursday 11th April 2019

Right now Theresa May is meeting with the EU on emergency plans for Brexit. Phil Dobbie discusses how the day will unfold with NAB’s Ray Attrill. They also analyse the messages from three central banks – the take out from the Fed minutes, Mario Draghi’s comments after the ECB meeting and what was it that the RBA’s Guy Debelle said yesterday to spur the Aussie dollar on so much?

Wednesday 10th April 2019

The markets rarely react too much to forecasts from the IMF, so why this time, if indeed they have? That’s a question Phil Dobbie puts to NAB’s Rodrigo Catril in todays Morning Call podcast, who suggests it’s more a reaction to a busy 24 hours for data and news. There’s certainly a more cautious mood today, ahead of the ECB meeting, the minutes of the last FOMC meeting and a slew of US and UK data. They also discuss the latest on Brexit, including the EU summit, and what we can take out from yesterday’s home loan data in Australia.

Wednesday 10th April 2019

The markets rarely react too much to forecasts from the IMF, so why this time, if indeed they have? That’s a question Phil Dobbie puts to NAB’s Rodrigo Catril in todays Morning Call podcast, who suggests it’s more a reaction to a busy 24 hours for data and news. There’s certainly a more cautious mood today, ahead of the ECB meeting, the minutes of the last FOMC meeting and a slew of US and UK data. They also discuss the latest on Brexit, including the EU summit, and what we can take out from yesterday’s home loan data in Australia.

Wednesday 10th April 2019

The markets rarely react too much to forecasts from the IMF, so why this time, if indeed they have? That’s a question Phil Dobbie puts to NAB’s Rodrigo Catril in todays Morning Call podcast, who suggests it’s more a reaction to a busy 24 hours for data and news. There’s certainly a more cautious mood today, ahead of the ECB meeting, the minutes of the last FOMC meeting and a slew of US and UK data. They also discuss the latest on Brexit, including the EU summit, and what we can take out from yesterday’s home loan data in Australia.