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Less pivot hope, from Paris

Friday 7th October 2022NAB Markets Research DisclaimerFinancial Services Guide | Information on our services - NABMarkets are still nervous. This morning NAB’s Gavin Friend says hopes of a pivot from the Fed have more or less disappeared, following on from the softer manufacturing numbers earlier in the week. The Fed’s Neal Kashkari said we are quite a way away from a pause in their path of rate hikes. A lot rests on today’s non-farm payrolls, with the markets ready to pounce on anything that could suggest a slow down from the Fed. Today’s episode, out a little earlier than normal, comes from…

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