Bye Bye Biden

Monday 22nd July 2024

NAB Markets Research Disclaimer 

Financial Services Guide | Information on our services - NAB

The breaking news this morning is that Joe Biden is stepping down from the US Presidential race and endorsing Kamala Harris as the Democratic candidate. Phil asks whether they’ll be a market response, or have we already been seeing it. Last week saw the dollar climbing, against falling equities and a sell-off in commodities. How much of that was down to politics and how down to the economy and the musings of central bank speakers? After a quiet start this week is heavy on important numbers, including global PMIs, US GDP and core PCE on Friday, plus a continuation of earnings season.

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