Wednesday 14th March 2018

Rex Tillerson was fired by a tweet this morning. Phil Dobbie talks to NAB’s Rodrigo Cattril about the market impact of a President following a “my way or the highway” agenda. We saw another example of his America First approach with his decision to block the acquisition of Qualcomm. Meanwhile, CPI figures overnight indicating inflation is not running away, whilst Canada’s central bank hints that there’s more slack in the labour market for prices are expected to rise. And the Spring Statement for the UK shows growth is going to be slow for some time yet.