Gavin Friend

Gavin Friend, a NAB Markets analyst based in London, shares insights on the recent Trump-Xi trade deal that surprisingly left markets lukewarm. He discusses how this deal impacts central banks' cautious stances, particularly the ECB and the Bank of Japan. Gavin dives into the mixed results from big tech earnings, drawing parallels between Nvidia's role in the market and historical gold rush dynamics. The conversation also highlights the implications of weak Chinese PMIs on global trade and growth.

Gavin Friend, a NAB Markets economist in London, dives into the latest economic trends affecting global markets. He discusses the surprising fall in oil prices amidst oversupply fears, especially relating to the ongoing Russia-Ukraine conflict. Gavin also breaks down Australia’s stable wage growth and the implications for the Reserve Bank, alongside easing inflation in the UK and its potential influence on the Bank of England's decisions. Delayed U.S. payroll numbers add to the market uncertainty as the Fed navigates challenging data.

Gavin Friend, NAB’s market economist, breaks down the Federal Reserve's recent decision to hold rates steady amid shifting growth and inflation forecasts. He discusses how the Fed is in a 'wait-and-see' mode, particularly influenced by political factors and trade policies. The impacts of tariffs on inflation are considered transitory, according to Powell's remarks. Additionally, Gavin touches on the cautious approaches of the Bank of Japan and Bank of England. Insights into Australia’s job market also highlight expectations for a slight dip in unemployment.

Gavin Friend, NAB's markets economist in London, shares his insights on crucial central bank movements. He decodes the RBNZ's potentially final hawkish cut and discusses the RBA's anticipated pause after an unexpected CPI spike. The focus shifts to the UK, where Gavin analyzes budget leaks, fiscal strategies, and the Bank of England's cut possibilities. With concerns over welfare spending and UK growth, he elaborates on the intertwined risks of political stability. Additionally, he connects AI-driven equities to the Fed's future actions, painting a vivid picture of the global market landscape.

Gavin Friend, a NAB markets economist based in London, breaks down the latest Aussie jobs figures and their implications for the RBA's tightening policy. He discusses the fallout from the recent Fed meeting, highlighting a cautious tone and shifting market expectations. The podcast delves into the US trade deficit and potential impacts on GDP, alongside insights on Oracle's AI investments affecting tech shares. Gavin also reviews the Swiss National Bank's decision on interest rates and shares thoughts on UK economic forecasts amid political uncertainty.

Gavin Friend, a NAB Markets researcher based in London, joins to explore the implications of the US government shutdown on crucial data. He discusses the surprisingly low ADP job numbers and what that indicates for labor trends. The conversation shifts to the ISM manufacturing survey, contrasting it with PMI readings, and dives into Japan’s Tankan survey, hinting at the political significance of recent leadership votes. Gavin also examines European inflation stability and previews upcoming Australian economic indicators, all while analyzing market reactions.

Gavin Friend, an expert from NAB, dives into the turbulent world of global markets. He discusses the fleeting recovery of U.S. equities amid ongoing U.S.-China trade tensions. Listener's will find intriguing insights on Australia’s economic resilience and the potential for aggressive rate cuts by the RBA. Friend also sheds light on the implications of fluctuating oil prices and consumer trends impacting the Federal Reserve’s approach to inflation. Tune in for a reality check on the shifting dynamics of the financial landscape!

In this conversation, Gavin Friend, an economist at NAB, shares valuable insights into current economic trends. He discusses the recent drop in U.S. consumer confidence, marking a 12-year low, and its chilling effect on markets. The podcast highlights contrasting optimism in Europe, particularly Germany's rising business expectations. Additionally, Gavin breaks down the contentious tariff strategies being debated in the U.S., and explores the implications of potential ceasefires in the Ukraine-Russia conflict on global trade.

Gavin Friend, a market economist and strategist at NAB London, unpacks the recent wave of tariff announcements from President Trump and their implications for global markets. He discusses the sharp reactions in currencies, stock prices, and commodities, particularly focusing on the geopolitical factors at play. The talk also covers economic indicators like US PCE numbers and Australian capex, emphasizing how external events, including extreme weather, are influencing jobless claims and employment trends. It's a deep dive into the ever-shifting economic landscape.

In this engaging discussion, Gavin Friend, NAB's market economist, unpacks the intricacies of global monetary policy. He analyzes the Fed's imminent decision on interest rate cuts and delves into the Bank of Canada's recent moves, highlighting their effects on economic indicators. Friend also examines the challenges central banks face amid contradictory policies and shares insights on upcoming Australian employment data. Tune in for a deep dive into the complex dynamics shaping our financial landscape!