Thursday 25th October 2018

The US stock market took another hammering overnight, with a move to safe-haven treasuries. Phil Dobbie asks NAB’s Rodrigo Catril how far this has to go, given the supposed strength of the US economy. There was more confidence north of the border, as the Bank of Canada lifted rates. But what will the ECB say today, meeting after weaker than expected PMI figures. They also look ahead to today’s trade figures for New Zealand.