BROADCASTS.com

b'

Wednesday 7th September 2022

View our disclaimer and terms of use: nab.co/3shJyyp

View our NAB Financial Services Guide: nab.co/3rvJtI9

There was a strong response to the US Services ISM overnight, which came in stronger than expected. NAB\\u2019s Rodrigo Catril says they have raised expectations for a 75bp rate hike at the next FOMC meeting, pushing bond yields higher overnight. In the UK Liz Truss is officially Prime Minister and is expected to freeze energy bills with what could amount to a \\xa31,500 subsidy per household. So that could help reduce inflation, but higher government spending could have the opposite effect, particularly in combination with planned tax cuts. There\\u2019s also discussion about the RBA decision, Australia\\u2019s widening current account surplus, China\\u2019s trade data and the Bank of Canada meeting tonight. A busy one.

Hosted on Acast. See acast.com/privacy for more information.