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Hopes remain as real data starts to flow in

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Manage episode 479815996 series 1400104
Content provided by NAB - The Morning Call and Phil Dobbie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NAB - The Morning Call and Phil Dobbie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Wednesday 30th April 2025


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


We 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 going to say who with just yet. President Trump gives his big 100-day rally in a few hours’ time. It will be a beautiful thing.


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

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1395 episodes

Artwork
iconShare
 
Manage episode 479815996 series 1400104
Content provided by NAB - The Morning Call and Phil Dobbie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NAB - The Morning Call and Phil Dobbie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Wednesday 30th April 2025


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


We 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 going to say who with just yet. President Trump gives his big 100-day rally in a few hours’ time. It will be a beautiful thing.


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

  continue reading

1395 episodes

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