Risk-on as Putin backs-off (a bit)
Wednesday 16th February 2022View our disclaimer and terms of use: nab.co/3shJyypView our NAB Financial Services Guide: nab.co/3rvJtI9There’s a bit more positivity in the markets today, certainly since yesterday morning, because Russia hasn’t invaded Ukraine, and talks continue. But NAB’s Rodrigo Catril says there is still plenty to be cautious about. NATO can’t confirm Russian troops have moved from the border, as Putin had claimed, and the central issue of Ukraine’s right to NATO membership remains unresolved. Still, markets have taken it as good news, offsetting any inflation concerns that…
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