NAB Morning Call

Will the ECB unwind? Less news means more risk-on


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Thursday 7th June 2018
Will they or won’t they? The market has turned its focus on what the ECB will say about the timetable for unwinding its QE program when they meet next week. Meanwhile, NAB’s Rodrigo Catril says a slow news week is adding to a risk-on mood, but it might not last till next week. On today’s podcast he talks to Phil Dobbie about the G7 meeting, the shaky situation in Italy and how the strong GDP figures yesterday have helped the Aussie dollar. A different story in South America where the Brazilian central bank is having difficulty stopping the slide of the Real.
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NAB Morning CallBy Phil Dobbie

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