Prepare for a volatile week of Banks and Holidays
Monday 19th September 2022
View our disclaimer and terms of use: nab.co/3shJyyp
View our NAB Financial Services Guide: nab.co/3rvJtI9
It\u2019s a confusing week ahead of central bank meetings and public holidays. The Queen\u2019s funeral will attract most attention today, but not on the markets that could see a quiet start to a busy week. NAB\u2019s Ray Attrill says it\u2019ll add to the volatility this week, driven by uncertainty and liquidity. Whilst most expect a 75 basis point rise from the Fed this week, there\u2019s still a chance they will lift by 100. The UK faces a decision by the Bank of England and a mini budget from Kwasi Kwarteng, the new Chancellor, that could add to big increases in bond issuance. Plus, a meeting of the UN General Assembly which could (perhaps) see Putin lose more allies.
Hosted on Acast. See acast.com/privacy for more information.