Taylor Nugent

Taylor Nugent, NAB’s expert on monetary policy, breaks down the recent RBA rate cut and its surprising cautious outlook for future cuts. He discusses how investor sentiment is shifting with the latest employment data from the UK and inflation trends in Canada. The conversation also touches on global geopolitical dynamics, including US-Russia talks and Europe’s push for a unified defense strategy. Insightful, timely, and full of economic intrigue, this discussion is a must-listen for anyone following market movements.

Friday 7th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABNormally all eyes would be on the release of the non-farm payrolls data today, but the shutdown has put paid to that. The Fed’s Goolsbee says the lack of data makes it hard to advocate rate cuts; ‘when its foggy, let’s just be a little careful and slow down’. The job is made harder when available data conflicts with each other. Yesterday we were talking about the positive ADP jobs numbers, today NAB’s Taylor Nugent highlights the Challenger jobs survey that reported 153kjob layoffs in October, alongside very low hiring rates. Market sentiment has shifted, with US shares down, the dollar lower, and bond yields falling, with an increased expectation for a December rate cut. Hosted on Acast. See acast.com/privacy for more information.

Taylor Nugent, an economist at NAB Markets Research, shares insights on the latest economic trends. He highlights the surprising strength of service sector PMIs in the US, Europe, and the UK, contrasting them with declining manufacturing figures. Nugent discusses the implications of high wage growth in the UK on Bank of England policies and examines the resilience of the Australian dollar. He also analyzes the broader global economic landscape, touching on housing market influences in China and Japan, and anticipates upcoming data releases.

Taylor Nugent, a NAB markets economist, shares insights on the tech sector's optimism surrounding a potential December Fed rate cut. He discusses the unique market sensitivity, contrasting equity gains with stagnant bonds and currencies. Nugent highlights comments from Waller on labor concerns that underpin these expectations, while examining the implications of outdated US data on market reactions. The Aussie dollar's sluggish performance amid rising US sentiment is also noted, adding to the intrigue of this financial landscape.

Taylor Nugent, an economist at NAB, shares valuable insights on US retail sales and the economic landscape. He discusses February's retail sales, revealing that beneath the surface, consumer spending fears may be overstated. The conversation also covers the volatile Empire State Manufacturing Index and the cautious optimism stemming from housing market indicators. Nugent touches on Australia's stable growth and China's strategies to boost consumer spending, while also hinting at the geopolitical implications of potential talks between Trump and Putin regarding Ukraine.

Taylor Nugent, NAB's market economist and strategist, dives into the intriguing dynamics of the current market. He discusses recent highs in US equities, tempered by looming trade negotiations and tariffs. The potential impact of Japan's election on market stability and the implications of reduced shipping volumes are also explored. Nugent sheds light on New Zealand's CPI and how economic indicators influence monetary policy, blending vital insights with a dash of market humor.

In this discussion, Taylor Nugent, a NAB Markets economist, shares insights on bond yields and central bank policies. He explains how rising European bond yields are influenced by a hawkish ECB, while the U.S. grapples with uncertainty on rate cuts. Taylor also highlights China's rebound in exports and its shift towards boosting domestic demand. Further, he analyzes Japan's wage growth and the Bank of Japan's outlook. Lastly, the NAB business survey is poised to provide critical insights into capacity utilization.

Taylor Nugent, a Markets researcher at NAB, dives into the recent relaxing of beef tariffs by the Trump administration. While it aims to ease cost-of-living pressures in the US, Taylor warns it may threaten Australia's beef export advantage. They also discuss the long-awaited return of US payroll data and its implications for the Federal Reserve's decisions. Additionally, the duo analyzes uncertainties in the UK budget and slowing momentum in China's economy, signaling key global market trends to watch.

Taylor Nugent, NAB's Markets researcher and economist, dives into the latest trends in Australian consumer and business sentiment. Despite a slight dip in confidence, he highlights resilient business conditions and a surprising rebound in consumer confidence. They discuss the implications of the potential end to the US government shutdown and the implications of rising unemployment in the UK, hinting at possible interest rate adjustments. Taylor's insights shed light on how these factors interplay in the broader economic landscape.

Taylor Nugent, NAB’s market strategist, shares insights on Jerome Powell's recent comments regarding Federal Reserve rate cuts. He discusses the mixed US data, highlighting strong retail sales and unexpected manufacturing growth. There’s a focus on market reactions and the global implications of these developments. Nugent also touches on the week ahead, suggesting it will be filled with central bank commentary rather than concrete data. This analysis paints a picture of a complex economic landscape where uncertainty looms.