Heavy data day turns markets red
Wednesday 16th August 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt’s been a busy day for data releases, having a profound impact on markets. NAB’s Ray Attrill talks through what’s happened, not least of which is the continued signs of slowdowns in the Chinese economy. Japan too has shown a fall in consumption, even though GDP rose (it was all through exports). The Bank of Canada might not be done with rate hikes with a CPI surprise, and the Bank of England has to contend with higher-than-expected wages growth. Even the US is starting to…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.