
Inflation, hugs and shrinking deficits
Tuesday 11th May 2021Inflation expectations con…
NAB Morning Call · NAB - The Morning Call
May 10, 202112m 28s
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Show Notes
Tuesday 11th May 2021Inflation expectations continues to influence markets, with NAB’s Rodrigo Catril explaining why it has such a marked impact on tech stocks. Inflation in supply chains is a theme around the world, and tonight’s PPI numbers from China are expected to give another clear indication. The pound has had a string session as Britain prepares for more lockdown easing – and Boris Johnson promising the return of hugging – from next Monday. Locally, the focus will be the Federal Budget, and the implications for the RBA of a smaller deficit and less bond issuance.
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