T’was a Wobbly Wednesday

Thursday 8th August 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere is still a lot of volatility around. US shares started the session well, with strong signs that risk appetite was improving. Then came a weak response to a a $42 billion 10-year bond auction. That made markets nervous and US equities closed sharply in the red. NAB’s Gavin Friend talks about why the auction didn’t go well, and the influence Japan is still having on markets, influenced yesterday and overnight by words from BoJ Deputy Governor Uchida. Today the NAB Business Survey is out and the RBA’s Michelle Bullock speaks early afternoon. Hosted on Acast. See acast.com/privacy for more information.