Not much to be thankful for
Thursday 26th November 2020It\u2019s Thanksgiving today in the US and markets have been cautious ahead of the holidays. Vaccine hopes have been pushed aside after Wednesday\u2019s post first-wave high for COVID fatalities in the US. There was also a string of disappointing data, including a rise in unemployment claims for the second week in a row. NAB\u2019s Ray Attrill gives us his reaction to the FOMC meetings, hot off the press. Plus, the UK's Rishi Sunak paints a glum picture for the UK economy, but manages to avoid mentioning Brexit. A quiet data for global data, but at home private capex number, with a wide variety of opinions on what they\u2019ll actually come out at. And what\u2019s going on with the Kiwi dollar?
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