Powell eyes labour market, equity markets eye Trump friendly stocks
Tuesday 16th July 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABEquity markets are showing some adjustment to the prospect of a Trump presidency, with oil producers and gun makers doing well, renewables falling and Bitcoin up almost 6% today. Bond markets are still more responsive to Fed-speak. NAB’s S kye Masters gives Phil her take-outs from Jerome Powell's interview at the Economic Club of Washington, D.C. and another session seeing the yield curve ending steeper. Inflation data is out for Canada tonight, after a business survey showed…
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