Inflation, hugs and shrinking deficits
Tuesday 11th May 2021Inflation expectations continues to influence markets, with NAB\u2019s Rodrigo Catril explaining why it has such a marked impact on tech stocks. Inflation in supply chains is a theme around the world, and tonight\u2019s PPI numbers from China are expected to give another clear indication. The pound has had a string session as Britain prepares for more lockdown easing \u2013 and Boris Johnson promising the return of hugging \u2013 from next Monday. Locally, the focus will be the Federal Budget, and the implications for the RBA of a smaller deficit and less bond issuance.
Hosted on Acast. See acast.com/privacy for more information.