Wednesday 4th April 2018

Technology stocks were hit yesterday with fears that the president would somehow “go after” Amazon, but it seems it was largely rhetoric. Instead, as NAB’s Tapas Strickland discusses with Phil Dobbie, the risk-off mood from yesterday has subsidised, for now. They also discuss why Libor is so much higher than OIS, whether it will remain and what it means for US funding costs. Finally, they look at yesterday’s RBA meeting, today’s Aussie retail sales figures and other data releases of the day.