Wednesday 28th March 2018

Early in the session it looked like share trading in the US was going to build on the upward momentum of yesterday, but then a sudden shift in sentiment. Phil Dobbie asks NAB’s David de Garis, why the sudden change in mood? In part, it’s because of further trade restrictions suggested by President Trump, suggesting the battle is far from over. They also discuss falling confidence in Europe and the US, the flattening yield curve and increased supply from the Fed, and New Zealand’s consumer confidence figures out this morning.