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Not tariffic for US auto makers

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Manage episode 473807892 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.

Friday 28th March 2025


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


The US share market fell only slight today after yesterday’s announcement that cars and car parts will have a 25% import tariff imposed on them, irrespective of where they come from. Interestingly, US manufacturers seem to have been hit hardest on the share market. Generally, though, markets took the news in their stride. There are several Fed speakers talking today. NNAB’s Taylor Nugent says they’ll remain focussed on inflation expectations, but longer-run market measures haven’t followed survey measures higher for now. UK Gilt yields rose as investors got to grips with yesterday’s budget, and whether the numbers stack up. Is a tax rise the likely next step? Today the US PCE read for February, Fed’s preferred measure of inflation, along with consumer spending and saving data.


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1390 episodes

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Not tariffic for US auto makers

NAB Morning Call

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Manage episode 473807892 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.

Friday 28th March 2025


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


The US share market fell only slight today after yesterday’s announcement that cars and car parts will have a 25% import tariff imposed on them, irrespective of where they come from. Interestingly, US manufacturers seem to have been hit hardest on the share market. Generally, though, markets took the news in their stride. There are several Fed speakers talking today. NNAB’s Taylor Nugent says they’ll remain focussed on inflation expectations, but longer-run market measures haven’t followed survey measures higher for now. UK Gilt yields rose as investors got to grips with yesterday’s budget, and whether the numbers stack up. Is a tax rise the likely next step? Today the US PCE read for February, Fed’s preferred measure of inflation, along with consumer spending and saving data.


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

  continue reading

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