No end in sight
NAB's Skye Masters joins Phil to discuss how central banks are responding to the inflation risk from the Middle East crisis.
NAB Morning Call · NAB - The Morning Call
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Show Notes
Friday 6th March 2026
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Financial markets took a sharp risk-off turn overnight as escalating tensions between the US, Israel, and Iran dominated investor sentiment and pushed oil prices significantly higher. NAB’s Skye Masters breaks down the resulting surge in bond yields across Europe and the US, noting that central banks are pivoting their focus back to stubborn inflation risks. The conversation covers the shifting expectations for rate cuts, the impact of volatile energy supplies on the Eurozone, and a preview of tonight’s critical US non-farm payrolls report. Closer to home, they look at the softening in Australian household spending and China’s newly adjusted growth targets following the People’s Congress.
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