NAB’s Chief Economist, Alan Oster provides his thoughts on the Australian and Global economy.
Insight
Price developments over the past week supportive of NAB view that markets had become overly pessimistic on the growth outlook – commodities, equities and the $A all rally strongly; bond yields rise sharply.
NAB business survey and RBA Deputy Governor speech “Resilience and Ongoing Challenges”
For further information please refer to the attached report:
For further FX, Interest rate and Commodities information visit nab.com.au/nabfinancialmarkets
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