Oil cuts, wage rises and rate hikes
NAB Morning Call
00:00
Introduction
We don't need to talk about the debt ceiling anymore, crisis averted there. Now it's all back to guessing how aggressive central banks are going to be. Bond yields are rising further, 10-year treasuries were up by 10 basis points on Friday. The pound fell 0.6% on Friday, a half percent falling in the Euro 2 and a 0.8% dropping the yen. We've got a bit to talk about with that today - oil climbing back after two days of declines.
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