NAB Morning Call

NAB Morning Call

Phil Dobbie

Start your day with the NAB Morning Call for the latest overnight key economic and market information straight from our team of expert market economists and strategists. This includes perspective on overnight news and market price action and the forces shaping movements in Australian and global markets in the days ahead.


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Categories: News & Politics

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Tuesday 28th November 2023


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It’s an in-between day, with little ion the way of economic news, but inflation data just round the corner, in the form of Australian CPI and US PCE. There were sizeable auctions of 2 and 5 year Treasuries this morning, with softer demand, but that hasn’t driven the direction of bond markets says NAB’s Skye Masters, because yields are down. Instead it adds to the mood that the Fed will cut rates, perhaps early next year. Softer US data, such as weaker new home sales and drops in employment in the Dallas Fed manufacturing index, add to the supporting evidence. Today Australian retail sales are released, and we talk through some of the findings in the latest NAB Online Sales Index.



Hosted on Acast. See acast.com/privacy for more information.

Previous episodes

  • 2249 - An inbetweeny day 
    Mon, 27 Nov 2023 - 0h
  • 2248 - Falling dollar helps the Aussie, but only so far 
    Sun, 26 Nov 2023 - 0h
  • 2247 - Weekend Edition: Three key trends in the super industry 
    Fri, 24 Nov 2023 - 0h
  • 2246 - Europe a bit stronger (or less weak) 
    Thu, 23 Nov 2023 - 0h
  • 2245 - Bullock’s hawkishness. Will one rise be enough? 
    Wed, 22 Nov 2023 - 0h
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