NAB Morning Call

In this final edition for 2017 the full Morning Call team weigh in with their views on how the Markets will move in 2018. Could rising inflation be the big surprise? What has been subduing wage growth? Will the GOP tax cuts have the intended effects and will they add strength to the US dollar? Could we see the pound gain some ground as agreement is reached on a Brexit transitional period? Or will it all fall in a heap? And where will the Aussie dollar go in 2018 – will it see any benefits wash off from the growth in emerging markets in Asia? If not, why not?

Phil Dobbie is joined by NAB’s Rodrigo Catril, Ray Attrill, David de Garis, Tapas Strickland and Gavin Friend, in this special edition of The Morning Call. We look forward to kicking off the next series on January 22nd.

In this final edition for 2017 the full Morning Call team weigh in with their views on how the Markets will move in 2018. Could rising inflation be the big surprise? What has been subduing wage growth? Will the GOP tax cuts have the intended effects and will they add strength to the US dollar? Could we see the pound gain some ground as agreement is reached on a Brexit transitional period? Or will it all fall in a heap? And where will the Aussie dollar go in 2018 – will it see any benefits wash off from the growth in emerging markets in Asia? If not, why not?

Phil Dobbie is joined by NAB’s Rodrigo Catril, Ray Attrill, David de Garis, Tapas Strickland and Gavin Friend, in this special edition of The Morning Call. We look forward to kicking off the next series on January 22nd.

Bond yields have continued their journey higher overnight as the US tax bill passes the senate. The equity markets, meanwhile, appear to have knocked off early for Christmas! Phil Dobbie asks Ray Attrill whether it’s the tax bill alone that is impacting bond markets, or is QE wind-down talk playing a part too? Plus, the Catalonia election, Barnier puts a firm end date on Brexit and the expectation for the NZ GDP figures this morning.

Bond yields have continued their journey higher overnight as the US tax bill passes the senate. The equity markets, meanwhile, appear to have knocked off early for Christmas! Phil Dobbie asks Ray Attrill whether it’s the tax bill alone that is impacting bond markets, or is QE wind-down talk playing a part too? Plus, the Catalonia election, Barnier puts a firm end date on Brexit and the expectation for the NZ GDP figures this morning.

Wednesday 20th December 2017

President Trump’s twitter stream has been in overdrive over the last couple of days with the vote on his tax bill passed by the House. Phil Dobbie talks to NAB’s David de Garis about the market reaction so far and what to expect now. They also discuss comments from the ECB which have seen global bond yields move higher. Plus the German IFO survey, Barnier’s latest on Brexit, New Zealand trade and yesterday’s minutes from the RBA.

Wednesday 20th December 2017

President Trump’s twitter stream has been in overdrive over the last couple of days with the vote on his tax bill passed by the House. Phil Dobbie talks to NAB’s David de Garis about the market reaction so far and what to expect now. They also discuss comments from the ECB which have seen global bond yields move higher. Plus the German IFO survey, Barnier’s latest on Brexit, New Zealand trade and yesterday’s minutes from the RBA.

Tuesday 19th December 2017

Whilst office workers spill onto the streets for Christmas lunches and last minute shopping, folks in some parts of the world are engaging with democracy to vote on critical issues. Like, the House and Senate in the US, who will vote on the tax bill later in the week and, hopefully, approve a temporary spending bill so government workers get paid over the Christmas break. At the ANC party conference in South Africa delegates voted a new leader, to replace Jacob Zuma. Whilst the people of Catalonia vote for a new government on Thursday, with the question of independence firmly on the agenda. Phil Dobbie talks through it all with NAB’s Rodrigo Catril.

Tuesday 19th December 2017

Whilst office workers spill onto the streets for Christmas lunches and last minute shopping, folks in some parts of the world are engaging with democracy to vote on critical issues. Like, the House and Senate in the US, who will vote on the tax bill later in the week and, hopefully, approve a temporary spending bill so government workers get paid over the Christmas break. At the ANC party conference in South Africa delegates voted a new leader, to replace Jacob Zuma. Whilst the people of Catalonia vote for a new government on Thursday, with the question of independence firmly on the agenda. Phil Dobbie talks through it all with NAB’s Rodrigo Catril.

Monday December 18th 2017

It seems there’s a strong chance that President Trump will have his Christmas wish come true – provided the reconciled bill is passed by Congress. Phil Dobbie talks to NAB’s Ray Attrill about the likely market reaction this morning. They also discuss Australia’s mid-year economic and fiscal update and the latest shenanigans on Brexit – including a survey at the weekend showing most Brits don’t want it!

Monday December 18th 2017

It seems there’s a strong chance that President Trump will have his Christmas wish come true – provided the reconciled bill is passed by Congress. Phil Dobbie talks to NAB’s Ray Attrill about the likely market reaction this morning. They also discuss Australia’s mid-year economic and fiscal update and the latest shenanigans on Brexit – including a survey at the weekend showing most Brits don’t want it!