Is Trump now a shoo-in for the Presidency?
Discussion on the potential market impact of the news from Pennsylvania. Plus, PPI numbers o n Friday cast doubts on how quickly inflation is slowing.
NAB Morning Call · NAB - The Morning Call
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Show Notes
Monday 15th July 2024
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The assassination attempt against Donald Trump on Saturday is likely to bolster his support, ahead of his GOP official nomination this week. NAB’s Tapas Strickland tells Phil that betting markets have shifted further in favour of a Republican win. So, will we see much market impact as markets re-open today? Markets on Friday were driven by a hjgher than expected PPI read, at odds with the weaker inflation numbers earlier in the week. Phil asks how this has changed market pricing for rate cuts. They also look at Friday’s US banks earnings, China’s trade data over the weekend. Plus, what is the Third Plenum and why should we pay attention to it?
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