Hope supports shares and the Aussie dollar
Wednesday 27th March 2019 The US stock market has rebounded in this session, which has also helped the Aussie dollar this morning. Phil Dobbie asks NAB’s Ray Attrill why the sudden change in sentiment, particularly when the data from the US overnight wasn’t particularly strong. They also discuss the latest o Brexit, with MPs voting against the PM on a series of indicative votes. Although they are unlikely to provide a definitive way forward, the pound is up today. And the RBNZ announces its cash rate decision today – what will they say about the latest GDP reading, which undershot all expectations?