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Less confidence, less missiles
MP3•Episode home
Manage episode 473293129 series 1400104
Content provided by NAB - The Morning Call and Phil Dobbie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NAB - The Morning Call and Phil Dobbie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Wednesday 26th March 2025
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
US markets lost their mojo a little in this session. NAB’s Gavin friend says this was in part due to a weaker than expected consumer confidence report from the Conference Board. It showed the lowest number for forward expectations in 12 years. The enthusiasm early in the week for more caveats in the April II tariffs diminished somewhat today as president trump indicated that car tariffs would start almost immediately and that his administration was tapping existing laws to impose broader tariffs. There's more enthusiasm in Europe however where Germany's Ifo business expectations rose and there was renewed hope that Ukraine and Russia will agree to a deal to enable merchant shipping in the Black Sea to operate without being shot at. There's also discussion about yesterday's budget, today's CPI numbers and what could be a very tricky day for the UK chancellor.
Hosted on Acast. See acast.com/privacy for more information.
1401 episodes
MP3•Episode home
Manage episode 473293129 series 1400104
Content provided by NAB - The Morning Call and Phil Dobbie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NAB - The Morning Call and Phil Dobbie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Wednesday 26th March 2025
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
US markets lost their mojo a little in this session. NAB’s Gavin friend says this was in part due to a weaker than expected consumer confidence report from the Conference Board. It showed the lowest number for forward expectations in 12 years. The enthusiasm early in the week for more caveats in the April II tariffs diminished somewhat today as president trump indicated that car tariffs would start almost immediately and that his administration was tapping existing laws to impose broader tariffs. There's more enthusiasm in Europe however where Germany's Ifo business expectations rose and there was renewed hope that Ukraine and Russia will agree to a deal to enable merchant shipping in the Black Sea to operate without being shot at. There's also discussion about yesterday's budget, today's CPI numbers and what could be a very tricky day for the UK chancellor.
Hosted on Acast. See acast.com/privacy for more information.
1401 episodes
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