Rodrigo Catril, NAB’s market economist and strategist, shares insights on the U.S. non-farm payrolls report and its implications for the Fed's monetary policy. He discusses how upcoming CPI data could shift rate cut expectations. The political landscape in France is also unraveling, with tensions rising post-confidence votes and Macron's strategic hesitations. Additionally, OPEC+ maintains a cautious approach to oil production, reflecting the uncertain global demand. Catril’s analysis ties together these economic threads with implications for international markets.

Rodrigo Catril, an expert market economist and strategist at NAB, dives into the turbulent political landscape in France, particularly focusing on Marine Le Pen's potential to destabilize the government. He discusses the implications of this chaos on investor confidence and market dynamics. Meanwhile, strong economic indicators from the US raise questions about interest rate cuts. The conversation also highlights Australia's improving retail sales and the recent rise in China's manufacturing PMI, suggesting a complex interplay of global market forces.

Rodrigo Catril joins to share his expertise on central banking and financial markets. He discusses the imminent Jackson Hole Symposium and speculates on whether Jerome Powell will hint at rate cuts. Markets are showing optimism with consecutive growth in the S&P index. The conversation also touches on the Riksbank potentially making significant rate changes and how recent data from Canada could influence its decisions. Consumer sentiment improvement amidst volatility and the challenges in the U.S. housing market also make for compelling insights.