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Better European service numbers, but US more so

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Manage episode 455843144 series 1400104
内容由NAB - The Morning Call and Phil Dobbie提供。所有播客内容(包括剧集、图形和播客描述)均由 NAB - The Morning Call and Phil Dobbie 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Monday 16th December 2024


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


US growth continues to lead the way. The latest PMIs showed services growth for Europe and the UK, but not as much as the US. In all cases, though, there’s a fall in the manufacturing PMI. The US strength helped push equities higher - with new highs for the NASDAQ and S&P - and strengthened the US dollar and pushed Treasury yields higher. The data doesn’t stop flowing, even though it’s only a week till Christmas. UK employment data today might do little to influence the Bank of England this week, but if wages growth remains high it’ll support their reticence to cut too quickly. Australian consumer confidence is out today as well. NAB’s Taylor Nugent talks through the numbers.



Hosted on Acast. See acast.com/privacy for more information.

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1309集单集

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Manage episode 455843144 series 1400104
内容由NAB - The Morning Call and Phil Dobbie提供。所有播客内容(包括剧集、图形和播客描述)均由 NAB - The Morning Call and Phil Dobbie 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Monday 16th December 2024


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


US growth continues to lead the way. The latest PMIs showed services growth for Europe and the UK, but not as much as the US. In all cases, though, there’s a fall in the manufacturing PMI. The US strength helped push equities higher - with new highs for the NASDAQ and S&P - and strengthened the US dollar and pushed Treasury yields higher. The data doesn’t stop flowing, even though it’s only a week till Christmas. UK employment data today might do little to influence the Bank of England this week, but if wages growth remains high it’ll support their reticence to cut too quickly. Australian consumer confidence is out today as well. NAB’s Taylor Nugent talks through the numbers.



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

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