Risk appetite back for a day
Wednesday 14th August 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABSofter than expected producer prices in the US has convinced the markets that the Fed will be ready to cut in September. NAB’s Skye Masters says in an environment where decisions by central banks are so data dependent we are seeing wide shifts in sentiment, particularly in equity and bond markets, as each release is published. That means the markets at the US close on Wednesday could be violently different on Thursday when US CPI is released. We can also expect some volatility from the RBNZ decision today, with analysts split on whether or not the NZ central bank will cut rates. Hosted on Acast. See acast.com/privacy for more information.