US equities bounce ahead of a divided Fed
Even though equities are higher in the US it’s actually a cautious risk-off day, says NAB’s Ray Attrill, ahead of the US CPI print later tonight and the Fed tomorrow.
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
Tuesday 13th December 2022
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
US equities have bounced back, but the rise in the VIX index, which measures market volatility, is perhaps a better measure of where we are ahead of the FOMC meeting this week. It’s risen, highlighting uncertainty about how far the US central bank will go. Nick Timiraos describes a very divided Fed in the Wall Street Journal this morning. Also today, NAB’s Ray Attrill takes us through yesterday’s UK GDP numbers, with employment data out later ahead of the BoE meeting later in the week. Plus, the NAB Business Survey out later today.
Hosted on Acast. See acast.com/privacy for more information.