Wednesday 23rd May 2018

NAB’s Gavin Friend joins Phil Dobbie this morning to discuss what’s moving the markets although, it must to be said, it has been a quiet session overnight. Oil rallied as supply fears rose on Trump’s sanctions imposed on the country this week, but it has since retreated. There’s not been much reaction to Trump’s declaration that an outcome with North Korea is looking highly unlikely. Gavin also updates us on the latest from Italy, Mark Carney’s comments in the UK and what to look for in tomorrow’s FOMC minutes.