Thursday 21st November 2019

There’s some concern that a Bill passed by the US Senate could hinder progress of the phase one trade deal with China. With the markets adopting a mild risk-off mood overnight, Phil Dobbie asks NAB’s Ray Attrill whether there’s a growing expectation that a deal won’t be struck before Christmas and uncertainty could become the new normal. Britain, which is no stranger to uncertainty, saw a tie-break in the first election debate – they discuss what that means for the pound. And Canada, despite no surprise in their CPI figures overnight, has seen the fall in their dollar as one of the major currency moves. Plus, what’s in the latest FOMC minutes, released just moments before we recorded today’s podcast.