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Kandungan disediakan oleh NAB - The Morning Call and Phil Dobbie. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh NAB - The Morning Call and Phil Dobbie atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
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Data drought with no clear direction, ahead of BoE

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Manage episode 417188921 series 1400104
Kandungan disediakan oleh NAB - The Morning Call and Phil Dobbie. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh NAB - The Morning Call and Phil Dobbie atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Thursday 9th May 2024


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


There wasn’t any tier one data overnight to give markets any clear direction. You could say there was an air of subduedness. The Riksbank cut rates, as suggested yesterday, but one ECB member is concerned that going too early, against a Fed that keeps rates on hold longer, could drive the Euro lower and add to inflation concerns. NAB’s Gavin Friend says the problem emerges after one or two cuts, alongside a Fed that’s not moving. So what’s the Bank of England’s strategy? August seems the most likely month for a cut, says Gavin, but we’ll find out more at the meeting and the press conference that follows.



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

1153 episod

Artwork
iconKongsi
 
Manage episode 417188921 series 1400104
Kandungan disediakan oleh NAB - The Morning Call and Phil Dobbie. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh NAB - The Morning Call and Phil Dobbie atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Thursday 9th May 2024


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


There wasn’t any tier one data overnight to give markets any clear direction. You could say there was an air of subduedness. The Riksbank cut rates, as suggested yesterday, but one ECB member is concerned that going too early, against a Fed that keeps rates on hold longer, could drive the Euro lower and add to inflation concerns. NAB’s Gavin Friend says the problem emerges after one or two cuts, alongside a Fed that’s not moving. So what’s the Bank of England’s strategy? August seems the most likely month for a cut, says Gavin, but we’ll find out more at the meeting and the press conference that follows.



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

1153 episod

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