NAB Morning Call

Trade war, real war and soft payrolls


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Monday 9th April 2018
Equity markets were hit again on Friday as President Trump ups the rhetoric on trade talk with China, threatening to include another $100b of imports. Phil Dobbie talks to NAB’s Rodrigo Catril about the impact this had on Friday’s markets and the expected spillover today. The reaction wasn’t helped by a weaker than expected set of payrolls data in the US, and now there’s the heightened tensions in Syria following a chemical attack over the weekend. With today very light on data releases it’s clear the markets will be driven more by geopolitics than by data.
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NAB Morning CallBy Phil Dobbie

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