Wednesday 12th July 2017
Okay, we’re absolutely sure that interest rates don’t rise when someone presses a green button, but you get the idea. On today’s edition of the Morning Call Phil Dobbie asks the NAB’s Rodrigo Catril how the market will react if the Bank of Canada doesn’t raise rates tonight. Plus, markets have reacted to Donald Trump Jnr’s involvement in email exchanges with Russia over the US election, and the pound has been hit thanks to a bit of Ricardian theory from the Bank of England. Also, Janet Yellen will talk to the House Panel tonight, and the Fed releases its Beige book. And will we see the gap between Australian business and consumer confidence widen even further today?