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Heavy Weather

15:30
 
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Manage episode 444393036 series 1400104
Indhold leveret af NAB - The Morning Call and Phil Dobbie. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af NAB - The Morning Call and Phil Dobbie eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

Thursday 10th October 2024


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


Storm Milton hit the Florida coast at 1am ET. Despite that, and the continued risk of an Israeli attack on Iranian oil facilities, oil prices fell overnight. Obviously China demand is part of the picture here, but another ‘announcement’ is expected from Beijing this weekend. In the latest FOMC minutes it is clear there was agreement that the risk of inflation had diminished, whilst the downside risk to employment had increased. The latest payrolls data suggest that downside risk is less clear and JBWere’s Sally Auld wonders whether all those voting for a large cut were entirely convinced of it. Maybe some were cajoled by Jerome Powell. It was a clearer picture for the RBNZ yesterday and Sally wonders whether the next cut will be even bigger.



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

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1344 episoder

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Heavy Weather

NAB Morning Call

80 subscribers

published

iconDel
 
Manage episode 444393036 series 1400104
Indhold leveret af NAB - The Morning Call and Phil Dobbie. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af NAB - The Morning Call and Phil Dobbie eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

Thursday 10th October 2024


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


Storm Milton hit the Florida coast at 1am ET. Despite that, and the continued risk of an Israeli attack on Iranian oil facilities, oil prices fell overnight. Obviously China demand is part of the picture here, but another ‘announcement’ is expected from Beijing this weekend. In the latest FOMC minutes it is clear there was agreement that the risk of inflation had diminished, whilst the downside risk to employment had increased. The latest payrolls data suggest that downside risk is less clear and JBWere’s Sally Auld wonders whether all those voting for a large cut were entirely convinced of it. Maybe some were cajoled by Jerome Powell. It was a clearer picture for the RBNZ yesterday and Sally wonders whether the next cut will be even bigger.



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

  continue reading

1344 episoder

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