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Does China have a workable plan?

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Manage episode 441627907 series 1400104
Contenido proporcionado por NAB - The Morning Call and Phil Dobbie. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente NAB - The Morning Call and Phil Dobbie o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.

Wednesday 25th September 2024


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


There is still some uncertainty about the future direction of US policy, with the Fed’s Michelle Bowman still concerned about a potential return of inflation, whilst most other Fed members are worried about a downturn in employment having a broader impact on the economy. NAB’s Skye Masters says the diversity of opinion is being driven by mixed data, the sharp slowdown in the Conference Board’s Consumer Confidence Report being the latest example. But there is a slight risk-on mood today, driven by hopes that China will offer a comprehensive package to kick start their economy. Meanwhile, the RBA kept rates on hold as expected, and weakness in European PMIs yesterday has heightened expectations for two more cuts by the ECB this year.



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1275 episodios

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Does China have a workable plan?

NAB Morning Call

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Manage episode 441627907 series 1400104
Contenido proporcionado por NAB - The Morning Call and Phil Dobbie. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente NAB - The Morning Call and Phil Dobbie o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.

Wednesday 25th September 2024


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


There is still some uncertainty about the future direction of US policy, with the Fed’s Michelle Bowman still concerned about a potential return of inflation, whilst most other Fed members are worried about a downturn in employment having a broader impact on the economy. NAB’s Skye Masters says the diversity of opinion is being driven by mixed data, the sharp slowdown in the Conference Board’s Consumer Confidence Report being the latest example. But there is a slight risk-on mood today, driven by hopes that China will offer a comprehensive package to kick start their economy. Meanwhile, the RBA kept rates on hold as expected, and weakness in European PMIs yesterday has heightened expectations for two more cuts by the ECB this year.



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

  continue reading

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