Dancing in the Dark

Thursday 2nd October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets will have to feel their way through the next few weeks, because the US shutdown means there’s an absence of key government data. No weekly jobless claims today, and no non-farms payrolls tomorrow. Betting suggests it will last longer than two weeks. NAB’s Gavin Friend joins Phil to talk through the market reaction and the implications. They also examine the surprise fall in the ADP jobs report, the ISM manufacturing survey, Japan’s Tankan survey and European inflation numbers. Today Australia’s trade numbers and household spending data will be of most interest. Hosted on Acast. See acast.com/privacy for more information.