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

The pound has taken a hit on the increased uncertainty on where Brexit is heading.

There were big falls in equities in the US and across Europe overnight, with rises in bonds, the Yen, Gold and the Swiss Franc reinforcing the risk-off mood.

The markets have been treading water ahead of the meeting between Presidents Trump and Xi at the G20 this weekend, impacted a little by the news that Peter Navarro might also be attending the dinner.

Population growth has become an important issue for the economy and associated politics.

Theresa May and European negotiators have agreed an outline of what the relationship will be after the UK finally leaves the EU which helped the pound today.

How low can the pound go if the UK shifts towards a no-deal Brexit?

We open this week to news that auction clearance rates in Sydney and Melbourne continue to run in the mid-to-low 40%s.

The FOMC has kept interest rates on hold. Meanwhile Italy and the EU seem to be at loggerheads on budget numbers and the UK’s Brexit secretary appears a little uninformed, as one cabinet minister breaks ranks on Theresa May’s plan.

Will the results of the US mid-terms impact the focus of the Fed?

US equities bounced higher overnight, helped by Facebook’s earnings report.

Equities rebounded sharply at the start of the session in the US, but lost ground, but are still up on the day.

There’s caution in the air, but could it just be for a day?

Despite increasing tensions over the missing Saudi journalist, oil fell sharply.

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