A calm Friday, but it could be a volatile week
Monday 19th October 2020After a fairly volatile week markets were calmer on Friday on the back of positive retail numbers from the US. NAB\u2019s Rodrigo Catril says Republicans could use it as an excuse not to support further stimulus measures. There was little market reaction to Boris Johnson\u2019s threats to walk away from Brexit negotiations, perhaps because \u2018walking away\u2019 has been shown to mean \u2018keep talking\u2019. Jacinda Ardern\u2019s election victory is unlikely to see a market response because it too was entirely expected. Today\u2019s GDP numbers from China will show how their economic recovery continues, whilst any volatility this week is likely to be driven by rising COVID-19 numbers, news of related government restrictions, Brexit talks and the US election circus.
Hosted on Acast. See acast.com/privacy for more information.