Monday 16th September 2019

Attacks on the world’s largest oil refinery has hit global supplies hard. Phil Dobbie talks to NAB’s Ray Attrill about the impact on oil prices and how the accompanying political repercussions could hit other asset classes. On the positive side, US retails sales data and consumer sentiment surprised on the upside at the end of last week and there’s hope of an interim US China trade deal which could lead to a lifting of tariffs on China’s imports of US agricultural products. There’s also discussion on the rising yields on global bonds ahead of the FOMC meeting this week, and what Brexit will bring this week, apart from more uncertainty.