The Morning Call Podcast – Aug 2016
Fischer on data, productivity and interconnectedness
Wednesday 31st August 2016
In the US the Fed’s Vice Chair Stanley Fischer appeared on Bloomberg TV repeating his mantra that rate decisions will be based on the data. But, as Phil Dobbie discusses with Bob Cunneen,, Senior Economist and Portfolio Specialist at NAB Asset Management, the Fed also needs to consider the impact of its decision on the global economy. Fischer described it as “dealing with interconnectedness.”
A night mixed of emotions
Tuesday 30 August, 2016
A rethink on the likelihood of an early US rate rise has created mixed emotions in markets overnight with US equities up, a rally in US Treasury Yields and the dollar performing against major currencies. Australia is an exception – we seem to be holding our own, as Rodrigo Catril, currency strategist at the NAB, explains in this edition of The Morning Call.
What does Janet Yellen’s speech mean for us?
Monday 29 August, 2016
Speaking at Jackson Hole on Friday, Janet Yellen, chair of the US Federal Reserve, gave some strong hints on the likelihood of a US interest rate hike this year. In this first edition of NAB’s ‘Morning Call’ podcast Phil Dobbie asks Ray Attrill, Global Co-Head of FX strategy, what Yellen’s speech means for Australia, and what other factors will the RBA consider ahead of their own rate decision a week on Tuesday.