Thursday 19th April 2018
NAB’s David de Garis talks Phil Dobbie through a busy day for market news, starting with a big jump in oil prices. Then there’s the weaker than expected inflation figures in Europe and the UK, the Bank of Canada’s caution over “future policy adjustments” and concerns over the flattening yield curve for US government bonds. On the positive side President Trump is appearing as the dealmaker over North Korea, and UK Remainers might be enjoying the ongoing difficulty Theresa May is having on passing legislation for her country’s extraction from the EU. They also look ahead to CPI figures for New Zealand and Aussie employment data due out this morning.