Bye Bye Biden

Monday 22nd July 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe breaking news this morning is that Joe Biden is stepping down from the US Presidential race and endorsing Kamala Harris as the Democratic candidate. Phil asks whether they’ll be a market response, or have we already been seeing it. Last week saw the dollar climbing, against falling equities and a sell-off in commodities. How much of that was down to politics and how down to the economy and the musings of central bank speakers? After a quiet start this week is heavy on important numbers, including global PMIs, US GDP and core PCE on Friday, plus a continuation of earnings season. Hosted on Acast. See acast.com/privacy for more information.