A glimmer of hope
Wednesday 9th March 2022View our disclaimer and terms of use: nab.co/3shJyypView our NAB Financial Services Guide: nab.co/3rvJtI9Markets have been encouraged by a possible solution to the Ukraine crisis. The Kremlin had suggested a raft of measures, including a ban on NATO membership. Today, Ukraine\u2019s President Zelenskyy suggested NATO wasn\u2019t a priority. NAB\u2019s Rodrigo Catril says the hope that a peaceful solution might be possible saw a strong risk-on mood hitting markets \u2013 although the Aussie dollar is down. Commodities continue to rise, of course. And the EU is meeting this week to discuss the issuance of bonds to cover spending on arms and to end a reliance on Russian energy. Also on today\u2019s podcast, NAB\u2019s Ivan Colhoun talks through yesterday\u2019s NAB Business Survey.
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