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Friday 14th April 2023
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Yesterday we saw a surprise increase in the number of Australians working last month. So, does that mean a greater likelihood of more hikes form the RBA? Certainly a higher Aussie dollar and rising bond yields are suggesting that. It\\u2019s a question put to NAB\\u2019s David de Garis. There\\u2019s also discussion about the UK\\u2019s stagnant outlook, with GDP flatlining and mortgage defaults rising. Hopes of easing inflation I the US were helped by a fall in producer prices. Maybe increased exports from China will help too. Perhaps a weakening in consumer demand through today\\u2019s US retail sales will add to that picture.
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