Markets tossed back and forth in a sea of uncertainty
NAB Morning Call
00:00
Is There a Chance of More Stimulus Being Put Int That?
As the monthly data comes out, you're geting further and further into this period of lock downs across shanghai. The difficulty at the moment is that, while those lock down are still on going, stimulus is difficult to implement. But over the week end, there as some reduction in mortgage rates for for first home bias ind may be indicating that a little bit of the thrust at least, may well be into the housing sector. Now, europe, athe youroppeing commision has revised their growth forecast from four% to two point seven%. That just edges them slightly above the pre pandemic level by the end of this year.
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