Quietly confident, for now

Tuesday 28th March 2023

NAB Markets Research Disclaimer 

Financial Services Guide | Information on our services - NAB

Banking fears have subsided somewhat overnight, with a buyer found for Silicon Valley Bank and less concern, for whatever reason, over Deutsche Bank. Hence, equities have risen and so have bond yields, as focus returns on how far central banks will go. Quite a bit further if you listen to the likes of Isabel Schnabel at the ECB or Andrew Bailey at the BoE. But markets are still pricing in cuts later this year. NAB's Ray Attrill talks through why the discrepancy between central banks and markets and makes a bold prediction on what the RBA will do next week. Today’s retail numbers and inflation later in the week could still influence the outcome, of course.

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