The last day of treading water
b'Friday 2nd July 2021Markets have been treading water all week waiting for the non-farm payrolls data, particularly in bond yields which hardly moved at all in the last 2 4hours. NAB\\u2019s Gavin Friend says there\\u2019s been a lot of data for markets to chew over too, some of it below expectations, some of it over. Markets are clearly looking for direction and hoping that payrolls will provide it. In the podcast we also look at yesterday\\u2019s manufacturing, trade, dwellings and job vacancy numbers from Australia \\u2013 all good, although the Aussie dollar was one of the weaker currencies overnight. Why?
Hosted on Acast. See acast.com/privacy for more information.
'