Less jobs and cheaper oil pauses bond and equity sell-off
NAB Morning Call
00:00
Introduction
The speakers analyze the factors behind the current market volatility, including falling bond yields and rising equities. They discuss the impact of the ADP jobs report, falling oil prices, and the possibility of a US government shutdown on market trends. The chapter also explores the direction of bond yields and performance of different currencies, including the dip in oil prices, drop in the US dollar, and gains in the euro and pound. The chapter concludes with a discussion on the stock market's response to these changing market conditions.
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