High hopes keep getting higher
Thursday 26th August 2021Market optimism continued overnight, with US equities again hitting new highs and commodities climbing sharply too. That's helped the Aussie dollar again today. NAB’s Rodrigo Catril says the sentiment is being driven by infection rates starting to subside in the US. Phil Dobbie asks how fragile this optimism could be, if number were to rise again. The ECB’s Philip Lane painted a positive picture, suggesting the Delta variant won’t impact the European recovery story because fatalities and serious illness have been contained by the vaccine. He also indicated, whether…
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