Tuesday 22nd August 2017

It seems the US was fixated with the solar eclipse that covered much of the country today. As NAB’s Tapas Strickland explains to Phil Dobbie, it seems to have distracted markets that moved little on the back of very light economic data. The only significant moves have been in commodity prices, but they’ve had no impact on the Aussie dollar. The markets are waiting for the economic symposium at Jackson Hole later in the week. Meanwhile, could the ECB be running out of bonds to buy?