Rocky copper and worrying wages

Wednesday 22nd May 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABEquities were quite contained a day out from the NVIDIA earnings, although the S&P did hit another all time high. Copper prices continue to rise from its new high on Monday. Phil asks Ray what’s driving this – real factors or a speculative bubble? European wages data came in high, so much so that you’d be wondering why the ECB is so committed to a June rate cut. Canada saw inflation growth slow, and with the RBNZ tonight Phil asks Ray for his take on the order of bank cuts. Hosted on Acast. See acast.com/privacy for more information.