Your source for the business news and analysis that matters. Hot topics, latest trends and expert opinions from respected commentators, NAB’s economists and leaders of Australian businesses.
Yields are rising in Australia and globally as the reflation trade takes hold.
Australian 10 year bond yields have nudged 1.65 percent for the first time since May 2019.
There was a big rise in the Aussie dollar and the pound on Friday, both reaching multi-year highs.
There have been big falls in US equities overnight after higher than anticipated jobless claims, showing its not a smooth recovery for the US.
While NAB’s Commercial Property Index lifted for the second straight quarter, it was still weak and well below average.
New NAB research reveals over 4 in 10 Australians felt they needed help for their mental health
There was a strong bounce back in US retail sales in January.
In July last year, NAB’s FX Strategy team revised our G10 currencies spot forecasts to reflect increased conviction that the US dollar’s decline had much further to run.
Businesses are having to adjust to a new kind of consumer, but it remains unclear which behaviours and sentiments will stick.
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