US back to work with the PMIs
A quiet session, but with the US returning from holiday could today’s PMI numbers and Canadian inflation see an outsized reaction? A question for NAB’s Taylor Nugent on today’s Morning Call.
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Show Notes
Tuesday 21st February 2023
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With the US equity and bond markets closed for President’s Day, trade was thin today and movement was slight. But, with the President choosing to spend his day in Ukraine and China reportedly ready to supply arms to Russia, could a bounce back in world trade be an optimistic outlook? NAB’s Taylor Nugent talks trough the days new releases, including PMIs for Europe, the UK and US, as well as inflation numbers for Canada. Could we see a strong reaction if the Canada numbers are an upside surprise. Plus, will today’s minutes shed any new light on the thinking at the RBA, or did Philip Lowe say it all last week?
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