US stocks hit by reality check, Aussie CPI today
JBWere’s Sally Auld talks through global PMIs, which reinforce US and UK recession fears, but suggest an easier path for Europe, whilst the impact of China’s recovery takes a back seat.
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
Wednesday 25th January 2023
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
US shares have been shaky overnight, in the runup to earnings results and on the back of mixed economic data. JB Were’s Sally Auld discusses the latest PMI data, which again shows a recession risk for the US, more hope for Europe and a dismal outlook for the UK. The NAB Business Syurvey yesterday showed that business pessimism is not reflected by a fall in business conditions, including profitability. But there was also a sign that inflation might have peaked – something that could be confirmed in Australia’s CPI numbers out today.
Hosted on Acast. See acast.com/privacy for more information.