NAB Morning Call

Friday 17th August 2018

Markets turned on their head a little today, as the possibility emerges of trade talks between the US and China before the end of the month. Phil Dobbie asks NAB’s Rodrigo Catril whether this glimmer of hope is enough to halt the rise of the US dollar for a while at least. They also look at what went wrong with Australia’s employment numbers – something Philip Lowe may well be asked to comment on when he appears before a House of Reps standing committee today – and what to expect from European and Canadian CPI figures today.

Friday 17th August 2018

Markets turned on their head a little today, as the possibility emerges of trade talks between the US and China before the end of the month. Phil Dobbie asks NAB’s Rodrigo Catril whether this glimmer of hope is enough to halt the rise of the US dollar for a while at least. They also look at what went wrong with Australia’s employment numbers – something Philip Lowe may well be asked to comment on when he appears before a House of Reps standing committee today – and what to expect from European and Canadian CPI figures today.

Thursday 16th August 2018

If President Trump wanted a weaker dollar he’ll be upset about how things are panning out, with the US dollar and equities on the rise and EM currencies teetering on the edge of a bearish market. In today’s Morning Call podcast Phil Dobbie talks to NAB’s Gavin Friend about the continuing uncertainty in emerging markets and the rise in the US dollar – how long will it last? They also look ahead to today’s employment figures for Australia.

Thursday 16th August 2018

If President Trump wanted a weaker dollar he’ll be upset about how things are panning out, with the US dollar and equities on the rise and EM currencies teetering on the edge of a bearish market. In today’s Morning Call podcast Phil Dobbie talks to NAB’s Gavin Friend about the continuing uncertainty in emerging markets and the rise in the US dollar – how long will it last? They also look ahead to today’s employment figures for Australia.

Wednesday 15th August 2018

Markets seem less concerned about the troubles in Turkey, even though Erdogan shows no signs of taking steps to ease the pressure on his currency. NAB’s Gavin Friend says the markets have a clearer understanding of the limited extent of the contagion, which has helped US stocks rally and emerging markets to calm down. He also talks to Phil Dobbie about the stability of the Yuan and its impact on the Aussie dollar, whilst Ivan Calhoun talks through yesterday’s NAB Business Survey and what it tells us about expectations for the local economy.

Wednesday 15th August 2018

Markets seem less concerned about the troubles in Turkey, even though Erdogan shows no signs of taking steps to ease the pressure on his currency. NAB’s Gavin Friend says the markets have a clearer understanding of the limited extent of the contagion, which has helped US stocks rally and emerging markets to calm down. He also talks to Phil Dobbie about the stability of the Yuan and its impact on the Aussie dollar, whilst Ivan Calhoun talks through yesterday’s NAB Business Survey and what it tells us about expectations for the local economy.

Tuesday 14th August 2018

The Turkish Lira continues to fall and, in today's podcast, Phil Dobbie asks NAB’s David de Garis whether the contagion is being contained. The Aussie dollar was one of the hardest hit currencies overnight, so will it find a new (lower) trading range? Plus, what can we read from a rise in new Yuan loans in China ahead of a slew of market data today. And what’s pushed Italian bond yields up overnight?

Tuesday 14th August 2018

The Turkish Lira continues to fall and, in today's podcast, Phil Dobbie asks NAB’s David de Garis whether the contagion is being contained. The Aussie dollar was one of the hardest hit currencies overnight, so will it find a new (lower) trading range? Plus, what can we read from a rise in new Yuan loans in China ahead of a slew of market data today. And what’s pushed Italian bond yields up overnight?

Monday 13th August 2018

The crisis in Turkey’s currency is having ramifications far afield, as Phil Dobbie discusses with NAB’s Ray Attrill in this morning’s Morning Call podcast. President Erdogan sees it as a conspiracy to bring his country down, whilst refusing to accept any emergency plan to prop up the Lira. They also discuss a fall in hourly wages in the US, the weakness in the Kiwi dollar and the prospect for the Aussie dollar in a week high on uncertainty.

Monday 13th August 2018

The crisis in Turkey’s currency is having ramifications far afield, as Phil Dobbie discusses with NAB’s Ray Attrill in this morning’s Morning Call podcast. President Erdogan sees it as a conspiracy to bring his country down, whilst refusing to accept any emergency plan to prop up the Lira. They also discuss a fall in hourly wages in the US, the weakness in the Kiwi dollar and the prospect for the Aussie dollar in a week high on uncertainty.