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Talks with Xi, a Broken Bromance and Jobs Worries

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Manage episode 487076339 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.

Friday 6th June 2025


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


There hasn’t been a lot of love lost between President Xi and President Trump, but a 90 minute phone call might be the start of a journey of reconciliation. But US equity markets seem to be responding more to the end of the Trump-Musk bromance, as threats being made to Tesla’s subsidies and government contracts, helping to pull the Telsa share price down more than 14 percent. The focus today, of course, is on non-farm payrolls. There’s some nervousness around what these numbers will reveal, particularly after the ADP numbers, and the higher-than-expected weekly jobless claims overnight. NAB’s Ken Crompton talks with Phil about all of this, plus the ECB and Australia’s trade and consumption data.


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

  continue reading

1425 episodes

Artwork
iconShare
 
Manage episode 487076339 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.

Friday 6th June 2025


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


There hasn’t been a lot of love lost between President Xi and President Trump, but a 90 minute phone call might be the start of a journey of reconciliation. But US equity markets seem to be responding more to the end of the Trump-Musk bromance, as threats being made to Tesla’s subsidies and government contracts, helping to pull the Telsa share price down more than 14 percent. The focus today, of course, is on non-farm payrolls. There’s some nervousness around what these numbers will reveal, particularly after the ADP numbers, and the higher-than-expected weekly jobless claims overnight. NAB’s Ken Crompton talks with Phil about all of this, plus the ECB and Australia’s trade and consumption data.


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

  continue reading

1425 episodes

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