NAB Morning Call

Wednesday 23rd January 2019

The Super Blood Wolf Moon in many parts of the world, has been followed by a fairly blue day on the global markets. As NAB’s Gavin Friend discusses with Phil Dobbie, its just another sign of the growing concern about the world’s economy, not helped by some weaker US data and, perhaps, the realisation that a US China trade truce continues to look unlikely anytime soon. But the pound did well overnight, as UK politicians manoeuvre to try and avoid a hard Brexit. And there are plenty of earnings reports over the next 24 hours to inject some life into the equity markets – or not.

Wednesday 23rd January 2019

The Super Blood Wolf Moon in many parts of the world, has been followed by a fairly blue day on the global markets. As NAB’s Gavin Friend discusses with Phil Dobbie, its just another sign of the growing concern about the world’s economy, not helped by some weaker US data and, perhaps, the realisation that a US China trade truce continues to look unlikely anytime soon. But the pound did well overnight, as UK politicians manoeuvre to try and avoid a hard Brexit. And there are plenty of earnings reports over the next 24 hours to inject some life into the equity markets – or not.

Tuesday 22nd January 2019

On a quiet day on the markets – thanks to Martin Luther King Day in the US – the main focus has been, again, on Brexit, as Theresa May outlined her plan B. As Phil Dobbie discusses with NAB’s Tapas Strickland, it looks a lot like Plan A with no resolution in sight. It’s the same with the US China trade deal with IP rights the major bone of contention. And Davos is on, but many of the headline acts aren’t there this year. And the IMF told us what we already know – the world economy is slowing.

Tuesday 22nd January 2019

On a quiet day on the markets – thanks to Martin Luther King Day in the US – the main focus has been, again, on Brexit, as Theresa May outlined her plan B. As Phil Dobbie discusses with NAB’s Tapas Strickland, it looks a lot like Plan A with no resolution in sight. It’s the same with the US China trade deal with IP rights the major bone of contention. And Davos is on, but many of the headline acts aren’t there this year. And the IMF told us what we already know – the world economy is slowing.

Tuesday 22nd January 2019

On a quiet day on the markets – thanks to Martin Luther King Day in the US – the main focus has been, again, on Brexit, as Theresa May outlined her plan B. As Phil Dobbie discusses with NAB’s Tapas Strickland, it looks a lot like Plan A with no resolution in sight. It’s the same with the US China trade deal with IP rights the major bone of contention. And Davos is on, but many of the headline acts aren’t there this year. And the IMF told us what we already know – the world economy is slowing.

Monday 21st January 2018

There was renewed hope at the tail end of last week that answer to the US China trade dispute isn’t far away. Reports indicated that China had agreed to reduce the trade surplus to zero by 2024. But, as Phil Dobbie discusses with NAB’s Rodrigo Catril, the optimism that buoyed markets could just as easily see sentiment sour if there are any contrary reports. It’s the same with Brexit – the diminishing likelihood of a no-deal Brexit was good news last week, but any sign of bad news could hit hard this week. Whilst the Aussie might be less influenced by the goings on in Europe, the China story will be much more influential, starting with a slug of production and sales data today.

Monday 21st January 2018

There was renewed hope at the tail end of last week that answer to the US China trade dispute isn’t far away. Reports indicated that China had agreed to reduce the trade surplus to zero by 2024. But, as Phil Dobbie discusses with NAB’s Rodrigo Catril, the optimism that buoyed markets could just as easily see sentiment sour if there are any contrary reports. It’s the same with Brexit – the diminishing likelihood of a no-deal Brexit was good news last week, but any sign of bad news could hit hard this week. Whilst the Aussie might be less influenced by the goings on in Europe, the China story will be much more influential, starting with a slug of production and sales data today.

Monday 21st January 2018

There was renewed hope at the tail end of last week that answer to the US China trade dispute isn’t far away. Reports indicated that China had agreed to reduce the trade surplus to zero by 2024. But, as Phil Dobbie discusses with NAB’s Rodrigo Catril, the optimism that buoyed markets could just as easily see sentiment sour if there are any contrary reports. It’s the same with Brexit – the diminishing likelihood of a no-deal Brexit was good news last week, but any sign of bad news could hit hard this week. Whilst the Aussie might be less influenced by the goings on in Europe, the China story will be much more influential, starting with a slug of production and sales data today.

Friday 18th January 2019

There’s still no sign of an end to the US China trade dispute as the end of the cease-fire period draws closer. There’s no end in sight for the US government shutdown either, yet, as Phil Dobbie discusses with NAB’s Rodrigo Catril, it doesn’t seem to be hurting the economy as much as you might expect. Mind you, it’s getting harder to tell as the publication of some data is being delayed. Over the Atlantic, though, a delay is seen as a good thing. The pound has risen on the prospect that Brexit won’t happen at the end of March, if ever.

Friday 18th January 2019

There’s still no sign of an end to the US China trade dispute as the end of the cease-fire period draws closer. There’s no end in sight for the US government shutdown either, yet, as Phil Dobbie discusses with NAB’s Rodrigo Catril, it doesn’t seem to be hurting the economy as much as you might expect. Mind you, it’s getting harder to tell as the publication of some data is being delayed. Over the Atlantic, though, a delay is seen as a good thing. The pound has risen on the prospect that Brexit won’t happen at the end of March, if ever.