Trade war impacts as ECB prepares to pull out the stops
Monday 9th September 2019 US payrolls numbers disappointed a little on Friday and China’s trade numbers over the weekend demonstrated what impact the trade war was having. Phil Dobbie asks NAB’s Ray Attrill why there’s been little market reaction to the latest data, even as Larry Kudlow intimated that reaching a conclusion could take a decade. Brexit could be over in a month, or four months. However, it gets resolved, today could be an important one in the unfolding farce-cum-tragedy. It’s also the week the ECB meet – will they deliver on the foreshadowed bazooka of policy measures? Plus, are we getting close to QE in Australia?