NAB Morning Call
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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- Update frequency
- every day
- Average duration
- 16 minutes
- Episodes
- 1336
- Years Active
- 2020 - 2025
Healthy jobs data bad news for the economy
Monday 11th July 2022It is a bit weird that positive US jobs data would be seen as heightening the expectations of a recession, but that seems to be the case. As NAB’s Ray Attrill explains on today’s…
00:15:45 |
Sun 10 Jul 2022
A glimmer of hope, except for Boris
Friday 8th July 2022There have been slightly less recession concerns in the US overnight, with equities and commodity prices pushing higher and 10 year Treasury yields pushing back over 3%. Jobs have…
00:17:47 |
Thu 07 Jul 2022
Significant risk, still?
Thursday 7th July 2022The FOMC minutes are out, pointing to significant risk if inflation isn’t nipped in the bud. Markets are taking this as a sign that the Fed will lift rates more quickly, startin…
00:14:44 |
Wed 06 Jul 2022
Oil Dives, Bonds Rally as Recession Fears grow
Wednesday 6th July 2022The Euro is getting closer to parity with the US dollar. In today’s podcast NAB’s Skye Masters points out that the Markets team had forecast parity by the end of the year, but …
00:15:01 |
Tue 05 Jul 2022
Australia, faring better than most, but big hike still expected
Tuesday 5th July 2022The RBA meets today and the NAB expectation is that they will lift interest rates by 50 basis points. Phil asks NAB’s Tapas Strickland whether, by seeing inflation rising slower …
00:16:28 |
Mon 04 Jul 2022
Independence Day: Recession Resurgence
Monday 4th July 2022Recessions fears continue to rise, pushing bond yields lower. As NAB’s Rodrigo Catril explains, the ISM manufacturing report in the US on Friday added to the fears, showing a cont…
00:15:21 |
Sun 03 Jul 2022
And back to recession fears
Friday 1st July 2022Yields are lower in the US and Europe as recession fears grow, prompted by weaker than expected personal spending in the US, with a very strong chance of a negative Q2 GDP, which …
00:16:31 |
Thu 30 Jun 2022
Understanding how little we understand
Thursday 30th June 2022Markets are confused as to where the global economy is heading. If investors were looking to the ECB Forum in Sintra for clarification, they will have been disappointed, with J…
00:14:47 |
Wed 29 Jun 2022
Less US confidence, tough talking ECB
Wednesday 29th June 2022US equities switched direction overnight. NAB’s Taylor Nugent says it was a swift response to a weaker than expected consumer sentiment read in the US, with a particularly sha…
00:17:52 |
Tue 28 Jun 2022
Heading for a choppy end to Q2
Tuesday 28th June 2022The volatility of the past few months means there is likely to be a greater need for rebalancing at the end of the quarter this time, says NAB’s Rodrigo Catril. Hence, we have s…
00:17:03 |
Mon 27 Jun 2022
Is bad news good news these days?
Monday 27th June 2022These are strange times. Market sentiment improved at the end of last week because of weaker consumer sentiment and a downward revision in consumer inflation expectations. The ho…
00:17:41 |
Sun 26 Jun 2022
Unconditional commitment, come what may
Friday 24th June 2022There have been big movements in bond yields overnight. NAB’s Ken Crompton says there’s been a reaction to weak PMI data from Europe and the US. There were promising signs, thoug…
00:14:47 |
Thu 23 Jun 2022
Markets split as Powell admits recession is possible
Thursday 23rd June 2022You take whatever you want from a senate hearing, so there have been mixed reviews of Jerome Powell’s performance in front of the Senate Banking Committee. Some picked up on hi…
00:17:36 |
Wed 22 Jun 2022
Brighter days ahead
Wednesday 22nd June 2022We’ve just had the longest night of the year in Australia but the markets are focused on the light at the end of the tunnel! There is a lot of positive sentiment today, with N…
00:16:52 |
Tue 21 Jun 2022
Is the RBA preparing to go harder?
Tuesday 21st June 2022RBA Governor Philip Lowe is talking at an American Chamber of Commerce event this morning in Sydney. Phil asks NAB’s Ray Attrill whether he could signal that interest rates coul…
00:18:03 |
Mon 20 Jun 2022
Turning up the rhetoric
Monday 20th June 2022It’s almost like there’s a race to turn up the rhetoric between central bank speakers, signalling to markets that rates will keep going up and the increments might be quite large…
00:17:26 |
Sun 19 Jun 2022
Markets go cuckoo as the Swiss clock a half percent hike
Friday 17th June 2022The positive reaction to yesterday’s FOMC market was short lived, with a much softer US dollar this morning and big falls in equity markets. NAB’s David de Garis says some of the…
00:15:56 |
Thu 16 Jun 2022
A big step to the soft landing few believe will happen
Thursday 16th June 2022The FOMC announced a 75-basis point rise in interest rates in the US, with rates rising to 3.4 percent by the end of the year. Sat the press conference that followed Jerome Pow…
00:17:34 |
Wed 15 Jun 2022
The day before the dots
Wednesday 15th June 2022The FOMC meeting tomorrow morning (Australian time) has been the focus of intense speculation this week, with the surprise inflation numbers last week suggesting a more aggres…
00:16:09 |
Tue 14 Jun 2022
Markets Panic after US inflation surprise
Tuesday 14th June 2022There have been massive moves in financial markets since the release of the US inflation data on Friday. The US dollar is around the highest in decades, bond yields have shot up…
00:17:52 |
Mon 13 Jun 2022
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