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Inflation in no hurry to come down, and neither is the US dollar
MP3•Episode hjem
Manage episode 450035137 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 14th November 2024
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
The US dollar continues to push higher, with the AUD one of the main casualties. The PBoC is also clearly concerned about the weakness on the CNY. It’s not just the dollar that is staying high - US inflation is taking a while to come down. The CPI number overnight was as expected, though markets seem to be reacting as though they are relieved it wasn’t higher. As a result, pricing for a December rate cut increased slightly. Locally, the Australian Wage price Index slowed a little more than expected, but not enough of a move to change the timing for the RBA. NAB’s Taylor Nugent joins Phil to discuss all this, plus all the rest of today’s market news.
Hosted on Acast. See acast.com/privacy for more information.
1344 episoder
MP3•Episode hjem
Manage episode 450035137 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 14th November 2024
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
The US dollar continues to push higher, with the AUD one of the main casualties. The PBoC is also clearly concerned about the weakness on the CNY. It’s not just the dollar that is staying high - US inflation is taking a while to come down. The CPI number overnight was as expected, though markets seem to be reacting as though they are relieved it wasn’t higher. As a result, pricing for a December rate cut increased slightly. Locally, the Australian Wage price Index slowed a little more than expected, but not enough of a move to change the timing for the RBA. NAB’s Taylor Nugent joins Phil to discuss all this, plus all the rest of today’s market news.
Hosted on Acast. See acast.com/privacy for more information.
1344 episoder
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