NAB Morning Call

Friday 21st September 2018

The US dollar is down this morning even though equities are at record highs. Phil Dobbie asks Gavin Friend why the dollar is sliding when the economy appears strong and the tariff-led risk sentiment has subsided? Similarly, why are Sterling and the Euro up so much when the Salzburg Brexit talks went nowhere. Plus, does the higher than expected GDP read show that the New Zealand economy is doing better than we thought – time to put aside any talk of a rate cut?

Friday 21st September 2018

The US dollar is down this morning even though equities are at record highs. Phil Dobbie asks Gavin Friend why the dollar is sliding when the economy appears strong and the tariff-led risk sentiment has subsided? Similarly, why are Sterling and the Euro up so much when the Salzburg Brexit talks went nowhere. Plus, does the higher than expected GDP read show that the New Zealand economy is doing better than we thought – time to put aside any talk of a rate cut?

Thursday 20th September 2018

Whilst China has promised to retaliate against the US tariffs, it hasn’t gone as far as it could. Phil Dobbie asks NAB’s Rodrigo Catril whether this is why the markets have reacted positively to the latest tariff news? And what of the RBA leaked report that shows Australia could win from a heightened trade war? Plus, what can we expect from New Zealand’s GDP figures this morning? And how is Theresa May getting on in Salzburg?

Thursday 20th September 2018

Whilst China has promised to retaliate against the US tariffs, it hasn’t gone as far as it could. Phil Dobbie asks NAB’s Rodrigo Catril whether this is why the markets have reacted positively to the latest tariff news? And what of the RBA leaked report that shows Australia could win from a heightened trade war? Plus, what can we expect from New Zealand’s GDP figures this morning? And how is Theresa May getting on in Salzburg?

Wednesday 19th September 2018

Yesterday President Trump pushed ahead with further tariffs on Chinese imports and the promise of retaliation soon followed. To which the President tweeted a threat of a swift escalation if they targeted US farmers. So why has the market reacted so positively, including the strong performance of the Aussie dollar overnight. Phil Dobbie puts the question to NAB’s David de Garis. They also discuss confusion over New Zealand’s GDP figures and Theresa May’s trip to Salzburg. Into the Lion’s den.

Wednesday 19th September 2018

Yesterday President Trump pushed ahead with further tariffs on Chinese imports and the promise of retaliation soon followed. To which the President tweeted a threat of a swift escalation if they targeted US farmers. So why has the market reacted so positively, including the strong performance of the Aussie dollar overnight. Phil Dobbie puts the question to NAB’s David de Garis. They also discuss confusion over New Zealand’s GDP figures and Theresa May’s trip to Salzburg. Into the Lion’s den.

Tuesday 18th September 2018

The Aussie dollar was on the rise overnight, even as all eyes and ears were waiting on an announcement on the next round of tariffs from the White House. As NAB’s Tapas Strickland explains, the Aussie has been helped by the news that the tariffs will be less than originally envisaged. But who comes off worst? Phil Dobbie points out that Chinese equities are faring a lot worse than US indices – is it all down to tariffs?

Tuesday 18th September 2018

The Aussie dollar was on the rise overnight, even as all eyes and ears were waiting on an announcement on the next round of tariffs from the White House. As NAB’s Tapas Strickland explains, the Aussie has been helped by the news that the tariffs will be less than originally envisaged. But who comes off worst? Phil Dobbie points out that Chinese equities are faring a lot worse than US indices – is it all down to tariffs?

Monday 17th September 2018

The US President is keeping everyone guessing on further tariffs on Chinese imports. As NAB’s Ray Attrill discusses with Phil Dobbie, media reports on Friday suggest aides on working on the implementation of the next phase right now. So what does this – and continued turmoil in emerging markets – mean for the Aussie dollar this week?

Monday 17th September 2018

The US President is keeping everyone guessing on further tariffs on Chinese imports. As NAB’s Ray Attrill discusses with Phil Dobbie, media reports on Friday suggest aides on working on the implementation of the next phase right now. So what does this – and continued turmoil in emerging markets – mean for the Aussie dollar this week?