Market whiplash as sentiment takes a hit
NAB Morning Call
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What's Going to Be a Good Number in Non Farm Pay Rolls?
Gavin: australia's trade surplus increased a bit because we saw falling imports, five % down month on month. Philip low wasn't terribly prescriptive, was he? Yer this week after the r b a meeting, he basically said, we don't know where what will be normalized interest rates. I think probably the risk for aset pri price movements might be on something on the other side. Gavin: Maybe this may be this report, i mean, it's always very important to market, but maybe it's losing some of its vigor just in this phase.
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