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Markets uncertain despite strong Services ISM

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Manage episode 480777055 series 1400104
Content provided by NAB - The Morning Call and Phil Dobbie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NAB - The Morning Call and Phil Dobbie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Tuesday 6th May 2025


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


There’s much less enthusiasm in the markets today, with US equities finishing deeply in the red at session lows, finishing a nine-day winning streak. There’s no readily apparent reason, except perhaps for concerns the scope and timing of US trade deals. The Taiwanese dollar rose further today over reports that a trade deal would be based on an appreciation in their currency. NAB’s Taylor Nugent talks through the latest tariff news, the latest Services ISM data for the US, as well as the declines in oil prices as OPEC+ increase supplies at a time of an expected global downturn.


Hosted on Acast. See acast.com/privacy for more information.

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1399 episodes

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Manage episode 480777055 series 1400104
Content provided by NAB - The Morning Call and Phil Dobbie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NAB - The Morning Call and Phil Dobbie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Tuesday 6th May 2025


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


There’s much less enthusiasm in the markets today, with US equities finishing deeply in the red at session lows, finishing a nine-day winning streak. There’s no readily apparent reason, except perhaps for concerns the scope and timing of US trade deals. The Taiwanese dollar rose further today over reports that a trade deal would be based on an appreciation in their currency. NAB’s Taylor Nugent talks through the latest tariff news, the latest Services ISM data for the US, as well as the declines in oil prices as OPEC+ increase supplies at a time of an expected global downturn.


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

1399 episodes

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