EPISODE · Jun 4, 2023 · 16 MIN
Oil cuts, wage rises and rate hikes
from NAB Morning Call
Monday 5th June 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABWith debt ceiling concerns taken away, its back to worrying about inflation and wondering how far central banks will push. NAB’s Rodrigo Catril says it’s still likely thew RBA will pause tomorrow, but a higher-than-expected rise in award wages in Australia on Friday have increased the chance that there will be a hike as soon as tomorrow. The Bank of Canada faces the same dilemma, hike again or hold and see? Oil is expected to rise today after the OPEC+ meeting over the weekend, when Saudi Arabia volunteered a million barrels a day cut in production. Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Monday 5th June 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABWith debt ceiling concerns taken away, its back to worrying about inflation and wondering how far central banks will push. NAB’s Rodrigo Catril says it’s still likely thew RBA will pause tomorrow, but a higher-than-expected rise in award wages in Australia on Friday have increased the chance that there will be a hike as soon as tomorrow. The Bank of Canada faces the same dilemma, hike again or hold and see? Oil is expected to rise today after the OPEC+ meeting over the weekend, when Saudi Arabia volunteered a million barrels a day cut in production. Hosted on Acast. See acast.com/privacy for more information.
NOW PLAYING
Oil cuts, wage rises and rate hikes
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.