Hopes remain as real data starts to flow in
Wednesday 30th April 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABWe are in the thick of economic data today - Aussie CPI, European and US GDP, US wages and the core PCE deflator. We’ve just seen weaking confidence in the Conference Board’s latest survey. Yet equity markets continue to rise. In fact, the S&P has had its biggest six day rise since March 2022. NAB’s Taylor Nugent says some the optimism is the hope that tariffs will be wound back, with U.S. Commerce Secretary Howard Lutnick saying a trade deal has been reached, but he’s not…
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