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Aussie dollar flying high, US equities stall

Aussie dollar flying high, US equities stall

Tuesday 1st September 2020The Australian and NZ…

NAB Morning Call · NAB - The Morning Call

August 31, 202013m 46s

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Show Notes

Tuesday 1st September 2020The Australian and NZ dollars reached two-year highs in the overnight session, with the US dollar declining further. Phil Dobbie asks NAB’s Rodrigo Catril whether the trend will continue, wand whether we could see the Aussie reach 80 US cents late next year. There’s also discussion on Warren Buffet’s investments in Japan, Richard Clarida’s explanation on the Fed’s policy change and how the rate of US COVID-19 fatalities seems to be reacting sluggishly to the fall in cases. Plus, what to expect from the RBA today and the US ISM manufacturing number tomorrow morning.

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