A slow slowdown

Wednesday 12th July 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABSome parts of the world are showing clear signs of an economic slowdown. Like, Europe, where the latest ZEW survey shows a deteriorating outlook. In the UK unemployment rose more than expected yesterday, but so did wages. And, as Ken Crompton explains, yesterday’s NAB Business Survey show’s there’s still resilience in the Australian economy, something that RBA Governor Philip Lowe will no doubt talk about in his lunchtime address today. But all eyes will be on the latest CPI numbers for the US tonight, along with rate decisions by the RBNZ and the Bank of Canada. Hosted on Acast. See acast.com/privacy for more information.