Confidence Grows Further

NAB Morning Call · Jul 13, 2023 · 16m

Friday 14th July 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere’s been no backtracking (so far) on the positive response to the US CPI numbers on Wednesday. US equities rose higher on Thursday, bond yields fell further and so did the US dollar. NAB’s Gavin Friend talks us through the market moves, including the rise in the Aussie dollar, despite weaker than expected trade data from China. The UK also had some positive news, with GDP managing to avoid going into the red, just. A quiet end to the week, with Euro area trade data the only…