China, more talk less action

Friday 18th August 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt's becoming a familiar pattern lately, with bond yields pushing higher and equities taking a clobbering. The Aussie also continues to suffer as noises come from China about tackling their economic slowdown, but very little still in the way of sold action. Australia’s rise in unemployment yesterday might ease the pressure on the RBA to lift rates, but NAB’s David de Garis says, only for a month. It seems no country can now assume they have finished their tightening cycle.  Hosted on Acast. See acast.com/privacy for more information.