Risk back on with rebound expectations
Thursday 22nd July 2021The rebound from the COVID concerns at the start of the week is now complete, with bond yields rebounding further overnight, equities bouncing higher and commodities on the rise. NAB\u2019s David de Garis talks about how businesses are seeing the recovery happen, even where he is in London. Globally, it seems the expectation is that COIVD won\u2019t hinder a global recovery, particularly as vaccine numbers rise. So what does that mean for the ECB today, particularly if growth is expected to rise and their outlook remains dovish? And Brexit is back, struggling over the NI border issue that was never resolved, perhaps because there isn\u2019t an answer.
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