Oil readying for a slowdown
Oil is lower again suggesting more expectations of a global slowdown. NAB’s Ray Attrill points to one former ECB Governor who is predicted a recession for Europe.
NAB Morning Call · NAB - The Morning Call
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Thursday 9th November 2023
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
It looks like there’s heightening expectations of a global slowdown, evidenced by further significant falls in oil prices today and an end to the equities rally in the US. NAB’s Ray Attrill says one former ECB Governor has added to the melancholic tone by suggesting Europe is heading for a recession next year, whilst inflation expectations one year out have risen by half a percent in one month. But generally, today, a few non definitive words from central bankers, otherwise, it’s been slim pickings.
Hosted on Acast. See acast.com/privacy for more information.