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EPISODE · Aug 3, 2025 · 18 MIN

Revising history

from NAB Morning Call

Monday 4th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere were sharp market moves on Friday after all the shenanigans in the US. NAB’s Ray Attrill tells us how markets responded to a far weaker than expected non-farm payrolls report, that included two substantial reductions in the numbers for the prior two months. Market repriced expectations for a cut next month. That would seem to give the President what he wanted, but nonetheless he sacked the head of the statistical agency collecting the data. Markets responded to that news. Then one of the Fed board, Adriana Kugler, resigned, effective the end of this week, giving the President the chance to put his own man or woman onto the board. Quite a day! Hosted on Acast. See acast.com/privacy for more information.

Monday 4th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere were sharp market moves on Friday after all the shenanigans in the US. NAB’s Ray Attrill tells us how markets responded to a far weaker than expected non-farm payrolls report, that included two substantial reductions in the numbers for the prior two months. Market repriced expectations for a cut next month. That would seem to give the President what he wanted, but nonetheless he sacked the head of the statistical agency collecting the data. Markets responded to that news. Then one of the Fed board, Adriana Kugler, resigned, effective the end of this week, giving the President the chance to put his own man or woman onto the board. Quite a day! Hosted on Acast. See acast.com/privacy for more information.

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Revising history

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Monday 4th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere were sharp market moves on Friday after all the shenanigans in the US. NAB’s Ray Attrill tells us how markets responded to a...

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