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Markets nervous as Russia drops the N word (again)
Season 8 · Episode 275

Markets nervous as Russia drops the N word (again)

Fears of an escalation in Eastern Europe had a short lived market response says NAB's Ray Attrill

NAB Morning Call · NAB - The Morning Call

November 19, 202416m 25s

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Show Notes

Wednesday 20th November 2024


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There as a certain amount of nervousness as Ukraine fired into Russian territory overnight and Russia revised its so-called Nuclear Doctrine, which lowers the requirements for a nuclear strike on a foreign power. But NAB’s Ray Attrill says the risk sentiment was short-lived, and markets are now focusing back on earnings results (NVIDIA tomorrow) and central bank expectations. The latter have been influenced a little by Canada’s strong CPI numbers, a lot of words from the Bank of England, the latest RBA minutes and, to come today, negotiated wages for the Eurozone.  


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