NAB Morning Call

Pound bounces back; a quiet Sessions; Fed ready to go


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Wednesday 14th June
It’s the day before the US Fed rate decision. Phil Dobbie asks NAB’s David de Garis why the dollar has weakened a little, when not much has changed. Jeff Sessions is giving his testimony but seems to be saying very little. Sterling and the Canadian dollar are the two big movers, even though Britain’s path forward is still very muddy and Brexit negotiations have been pushed back as the clock continues ticking. Plus, data from China today and a quick look at the findings of yesterday’s NAB Business Survey.
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NAB Morning CallBy Phil Dobbie

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