Fed easing, trade hopes rising, Brexit stalling
Monday 28th October 2019 Stand by, its going to be a busy week. As NAB’s Ray Attrill explains, there’s a lot of data releases to help gauge the shape of the world economy. On top of that a rate cut is anticipated by the Fed and there’s further hope that a phase one deal will be signed by the US and China. Then there’s Brexit. Thursday was supposed to be the day Britain left the EU – but now delays seem likely, but we might not find what the extension is, or what it’ll be used for, until later in the week. But as to what happens next, who knows!