NAB Morning Call

Wednesday 18th April 2018

It’s been another day where US stocks have risen (a lot) based on strong earnings figures. Phil Dobbie talks to NAB’s Tapas Strickland about how the positive mood from investors means tweets about tariffs are falling on deaf ears. But there has been positive news with a concession from China, tempered by mixed forecasts from the IMF. They also look at earnings and Brexit in Britain, retail sales in China, takeouts from the RBA minutes and a look ahead to the Bank of Canada meeting tonight.

Wednesday 18th April 2018

It’s been another day where US stocks have risen (a lot) based on strong earnings figures. Phil Dobbie talks to NAB’s Tapas Strickland about how the positive mood from investors means tweets about tariffs are falling on deaf ears. But there has been positive news with a concession from China, tempered by mixed forecasts from the IMF. They also look at earnings and Brexit in Britain, retail sales in China, takeouts from the RBA minutes and a look ahead to the Bank of Canada meeting tonight.

Tuesday April 17th 2018

The influence of the weekend’s tensions in Syria seem like a distant memory this morning, as the markets focus on corporate earnings. But, as Phil Dobbie discusses with NAB’s Rodrigo Catril, politics is never far away. President Trump’s attorney was in court today, Shinzo Abe is tipped to resign by June and Theresa May is facing a challenge in her Brexit Withdrawal Bill. There’s also word on the next Vice Chair of the US Federal Reserve. We also discuss US retail sales, and the data to look out for over the next 24 hours.

Tuesday April 17th 2018

The influence of the weekend’s tensions in Syria seem like a distant memory this morning, as the markets focus on corporate earnings. But, as Phil Dobbie discusses with NAB’s Rodrigo Catril, politics is never far away. President Trump’s attorney was in court today, Shinzo Abe is tipped to resign by June and Theresa May is facing a challenge in her Brexit Withdrawal Bill. There’s also word on the next Vice Chair of the US Federal Reserve. We also discuss US retail sales, and the data to look out for over the next 24 hours.

Monday 16th April 2018

Missile strikes on Syria by the US and her allies were hardly surprise news – the only uncertainty was the timing. Phil Dobbie asks NAB’s Ray Attrill whether that means the events of the weekend will have much, or any, reaction on the markets this morning. They also discuss China’s slowing credit, the US’s falling consumer confidence and the volatile nature of equity markets right now. Plus, they look ahead to today’s US retail figures.

Monday 16th April 2018

Missile strikes on Syria by the US and her allies were hardly surprise news – the only uncertainty was the timing. Phil Dobbie asks NAB’s Ray Attrill whether that means the events of the weekend will have much, or any, reaction on the markets this morning. They also discuss China’s slowing credit, the US’s falling consumer confidence and the volatile nature of equity markets right now. Plus, they look ahead to today’s US retail figures.

Friday 13th April 2018

Every day takes equities in a new direction in the US. Today they’re up. On today’s Morning Call podcast Gavin Friend in London explains this improvement in risk appetite as President Trump hints in a tweet that a missile strike on Syria might not be imminent. That, and easing expectations on the extent of a trade war, seem to be giving some confidence for investors. Phil Dobbie also asks Gavin about minutes from the last ECB meeting and today’s unexpected rise in the pound.

Friday 13th April 2018

Every day takes equities in a new direction in the US. Today they’re up. On today’s Morning Call podcast Gavin Friend in London explains this improvement in risk appetite as President Trump hints in a tweet that a missile strike on Syria might not be imminent. That, and easing expectations on the extent of a trade war, seem to be giving some confidence for investors. Phil Dobbie also asks Gavin about minutes from the last ECB meeting and today’s unexpected rise in the pound.

Thursday April 12th 2018

When a President tweets that US missiles “will be coming” to Syria, incorporating a challenge to Russia, it’s expected that markets might react. As Phi Dobbie discusses with NAB’s David de Garis equity markets responded a little but clawed back some of the losses as the day progressed. So, if that was the key influence in the first part of the overnight session, what’s driving market sentiment now? The FOMC minutes drew some attention but, it seems, without Trump’s access to Twitter things would be rather quiet.

Thursday April 12th 2018

When a President tweets that US missiles “will be coming” to Syria, incorporating a challenge to Russia, it’s expected that markets might react. As Phi Dobbie discusses with NAB’s David de Garis equity markets responded a little but clawed back some of the losses as the day progressed. So, if that was the key influence in the first part of the overnight session, what’s driving market sentiment now? The FOMC minutes drew some attention but, it seems, without Trump’s access to Twitter things would be rather quiet.