Tapas Strickland

Tapas Strickland

“Tapas is an Economist within Global Markets Research at the National Australia Bank (NAB). ”

Tapas is Director, Economics at NAB and provides commentary and insights for our clients on the economy and financial markets including regularly kicking off the working day with key overnight updates on NAB’s Morning Call podcast. Having recently spent the past couple of years in our London office, he continues to work with NAB’s diverse range of clients, from SMEs to institutions, both in Australia and abroad. Prior to NAB, Tapas spent six years at the Reserve Bank of Australia and also worked as an economic adviser in the Department of Prime Minister and Cabinet, advising the Gillard, Rudd and Abbott governments.


US equities dipped a little overnight, pulling back from record highs.

RBA and APRA suggest no imminent tightening.

Equities in the US finished Friday on new highs.

Australia has become the latest nation to express concern about the use of the Astra Zeneca vaccines on young people, except here young is anyone under 50.

There were no significant market moves overnight.

President Joe Biden and Treasury Secretary Yellen are about to give the details of their long-awaited infrastructure spending plan.

The JobKeeper wage subsidy scheme ended on Sunday March 28, how many people could potentially be displaced?

Even though countries are pressing ahead with vaccine role outs, the speed of recovery might be slower than envisaged.

There were big rises in US shares overnight, with the NASDAQ rising 1.7% in this session, helped by a moderate fall in Treasury yields.

Last Thursday’s sharp fall in unemployment to 5.8% from 6.3% took the market by surprise.

Central banks are pursuing ‘maximum possible sustainable employment’, an understated evolution in inflation targeting.

Bonds yields rose sharply again on Friday, with 10 year Treasuries reaching their highest level since February last year.

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