AUTHORS

David de Garis

David de Garis

Director and Senior Economist

“Dave writes for the Bank’s daily and weekly economics and market reports, and speaks with the media, often on a day to day basis speaking about the economy and financial markets”

Dave is a Director and Senior Economist with the NAB.

His bread and butter work is as a business, treasury or financial markets economist, speaking with clients ranging from the Bank’s agribusiness and corporate clients as well as to institutional clients at home and abroad.

He’s writes for the Bank’s daily and weekly economics and market reports, and speaks with the media, often on a day to day basis speaking about the economy and financial markets.

Dave did his economics apprenticeship with federal governments of various persuasions in Canberra, before he left Canberra in the late 1980s. He finished his indenture in Canberra as a senior economic adviser in the then Prime Minister Bob Hawke’s Department in Canberra, and before that in the Federal Treasury and the Bureau of Statistics.

RECENTLY PUBLISHED ARTICLES

Retail glimmers of light in a competitive landscape.

“We are experiencing a bubble not in stock prices but in bond price”.

The Euro is trading this morning at 1.1844, the best performing of the majors overnight, up 0.96%.

The AUD lost momentum into the London session as the USD recovered some of its mojo.

Judged by equity, bond, and commodity markets, it’s been well and truly a risk-on night, but it’s been more mixed as far as the currency market has been concerned.

The pick-up in market price action has continued overnight in FX markets. For the AUD, it’s now pretty much all about the Guy Debelle speech today.

It’s been something of a sideways/choppy night.

Economy with momentum into Q3

It’s a nod to Bastille Day today and with the US President visiting France, declaring in a tweet his “unbreakable” relationship with the French President.

It’s been a very quiet start to the week, generally a night of consolidation for markets ahead of a calendar that sees the US earnings season unfold amid an array of central bankers meeting and speaking together with some data over the next 24-48 hours.

Solid US labour market but no inflation alarm bells.

With the US market closed for the Independence Day holiday, the focus has been elsewhere and for the markets in both Asia and Europe.

Population tilting higher.

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