NAB Morning Call

Risk back on with rebound expectations


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Thursday 22nd July 2021The rebound from the COVID concerns at the start of the week is now complete, with bond yields rebounding further overnight, equities bouncing higher and commodities on the rise. NAB’s David de Garis talks about how businesses are seeing the recovery happen, even where he is in London. Globally, it seems the expectation is that COIVD won’t hinder a global recovery, particularly as vaccine numbers rise. So what does that mean for the ECB today, particularly if growth is expected to rise and their outlook remains dovish? And Brexit is back, struggling over the NI border issue that was never resolved, perhaps because there isn’t an answer.

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NAB Morning CallBy Phil Dobbie

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