Last Chance Saloon

NAB Morning Call · May 23, 2023 · 14m

Monday 24th May 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere’s still no resolution on the USD Debt Ceiling. NAB’s Taylor Nugent says expectations are that a deal will be found in time, but markets are getting nervous, with falls in equities across the board (except energy). Inflation concerns continue to mount up, with the latest PMI data in the US and Europe showing that, in general, the service sector continues to expand whilst manufacturing falls further. The UK’s headline inflation rate will fall markedly, but it’s the core number…