A daily dose of irreverent, offbeat, and informative takes on business & tech news. Hosted by Jon Weigell, Juliet Bennett Rylah, Mark Dent, Ben Berkley, Sara Friedman, Matthew Brown, and Rob Litterst from The Hustle.
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A quick response to slower inflation.
MP3•Episode home
Manage episode 428416265 series 1400104
Content provided by NAB - The Morning Call and Phil Dobbie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NAB - The Morning Call and Phil Dobbie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Friday 12th July 2024
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
Big market moves to a softer than expected CPI read in the US overnight. Bond yields are lower, the US dollar is lower and a big response in equity markets. Basically tech stocks have been hit hard, whilst industrials have climbed. Rotation is the key word for the day. The other word is Yen, which fell 1.8 percent on the CPI news. NAB’s Ray Attrill says there’s clearly been some opportunistic intervention by the Bank of Japan. Meanwhile Joe Biden gives his press conference at the NATO conference shortly, which is widely billed by some commentators as the make or break moment for his Democrat nomination for the Presidency. And UK GDP better than expected but lost on the British people who seem more obsessed with the outcome of a certain soccer match over the weekend.
Hosted on Acast. See acast.com/privacy for more information.
1189 episodes
MP3•Episode home
Manage episode 428416265 series 1400104
Content provided by NAB - The Morning Call and Phil Dobbie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NAB - The Morning Call and Phil Dobbie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Friday 12th July 2024
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
Big market moves to a softer than expected CPI read in the US overnight. Bond yields are lower, the US dollar is lower and a big response in equity markets. Basically tech stocks have been hit hard, whilst industrials have climbed. Rotation is the key word for the day. The other word is Yen, which fell 1.8 percent on the CPI news. NAB’s Ray Attrill says there’s clearly been some opportunistic intervention by the Bank of Japan. Meanwhile Joe Biden gives his press conference at the NATO conference shortly, which is widely billed by some commentators as the make or break moment for his Democrat nomination for the Presidency. And UK GDP better than expected but lost on the British people who seem more obsessed with the outcome of a certain soccer match over the weekend.
Hosted on Acast. See acast.com/privacy for more information.
1189 episodes
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