All eyes on US China talks. Trump wants rocket fuel from the Fed.
NAB’s Taylor Nugent talks US jobs, US-China talks and NAB Business Survey today.
NAB Morning Call · NAB - The Morning Call
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Show Notes
Tuesday 10th June 2025
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Markets had been preparing for a softer jobs print in the US on Friday. NAB’s Taylor Nugent joins Phil to talk about a result that was better than expected, but there are still plenty of signs of weakness. Perhaps not enough, though, to support President Trump’s call for a one percent rate cut to add rocket fuel to the economy. Today the focus is on trade talks between the US and China in London. It comes as data over the weekend shows just how much trade form China to the US fell last month. Locally, focus with be on the NAB business survey and Westpac consumer confidence numbers, and later this week US CPI is the number to watch.
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