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Worried about revisions

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Manage episode 438828847 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.

Monday 9th September 2024


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


Whilst the US unemployment rate came in as expected on Friday, at 4.2 percent, it was downward revision to the previous two months numbers that seem to have caused the most consternation. With the Fed signalling their focus is on ensuring there isn’t a sudden downturn in employment, will these numbers raise the expectations that the cut next week will be a big one. Not yet says NAB’s Rodrigo Catril, even though there has been a notable change in language from the Fed. Friday also saw a rise in demand for housing loans in Australia – adding to the RBA’s argument that there’s no need to move quickly to cutting rates. The week ahead includes US CPI numbers and an interest rate decision from the ECB.



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1243 episodes

Artwork

Worried about revisions

NAB Morning Call

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Manage episode 438828847 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.

Monday 9th September 2024


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


Whilst the US unemployment rate came in as expected on Friday, at 4.2 percent, it was downward revision to the previous two months numbers that seem to have caused the most consternation. With the Fed signalling their focus is on ensuring there isn’t a sudden downturn in employment, will these numbers raise the expectations that the cut next week will be a big one. Not yet says NAB’s Rodrigo Catril, even though there has been a notable change in language from the Fed. Friday also saw a rise in demand for housing loans in Australia – adding to the RBA’s argument that there’s no need to move quickly to cutting rates. The week ahead includes US CPI numbers and an interest rate decision from the ECB.



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

  continue reading

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