ECB taper talk, while Lavrov tells-tales
Friday 11th March 2022View our disclaimer and t…
NAB Morning Call · NAB - The Morning Call
March 10, 202214m 11s
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Show Notes
Friday 11th March 2022View our disclaimer and terms of use: nab.co/3shJyypView our NAB Financial Services Guide: nab.co/3rvJtI9The war isn’t going to end anytime soon. That was clear with the high-level peace talks on Turkey breaking down after just 90 minutes, acting as nothing more than a conduit for untruths. That’s partly why we’ve seen a shift back in sentiment. The risk-on mood yesterday was a one-off. On the podcast today NAB’s David de Garis talks through the other big turnaround – the attitude of the ECB, who have speeded up their tapering schedule and the opened the door to earlier rate hikes. As a result, there have been sharp moves in peripheral European bonds, such as Italy, Greece and Portugal.
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