Gavin Friend

Gavin Friend, NAB Markets Research economist and strategist, unpacks big currency moves and macro risks. He breaks down the strong Aussie, the yen’s rebound and rumours of intervention. He also discusses surging precious metals, robust US data, and political risks from Washington. Short, sharp market talk that sets up the week ahead.

Gavin Friend, a NAB Markets analyst based in London, shares insights on the recent Trump-Xi trade deal that surprisingly left markets lukewarm. He discusses how this deal impacts central banks' cautious stances, particularly the ECB and the Bank of Japan. Gavin dives into the mixed results from big tech earnings, drawing parallels between Nvidia's role in the market and historical gold rush dynamics. The conversation also highlights the implications of weak Chinese PMIs on global trade and growth.

Gavin Friend, a London-based NAB Markets economist, dives into the latest central bank maneuvers impacting global markets. He analyzes the Bank of England's narrow rate cut decision and the ECB's cautious stance amid uncertain forecasts. The discussion also reveals Germany's potential growth rebound, the Bank of Japan's expected rate hike, and the implications of US inflation data. Lastly, Friend highlights New Zealand's surprisingly strong GDP, hinting at possible shifts in fiscal policy as we head into the new year.

Gavin Friend, a NAB Markets economist in London, dives into the latest economic trends affecting global markets. He discusses the surprising fall in oil prices amidst oversupply fears, especially relating to the ongoing Russia-Ukraine conflict. Gavin also breaks down Australia’s stable wage growth and the implications for the Reserve Bank, alongside easing inflation in the UK and its potential influence on the Bank of England's decisions. Delayed U.S. payroll numbers add to the market uncertainty as the Fed navigates challenging data.

Gavin Friend, NAB’s market economist, breaks down the Federal Reserve's recent decision to hold rates steady amid shifting growth and inflation forecasts. He discusses how the Fed is in a 'wait-and-see' mode, particularly influenced by political factors and trade policies. The impacts of tariffs on inflation are considered transitory, according to Powell's remarks. Additionally, Gavin touches on the cautious approaches of the Bank of Japan and Bank of England. Insights into Australia’s job market also highlight expectations for a slight dip in unemployment.

Gavin Friend, NAB's markets economist in London, shares his insights on crucial central bank movements. He decodes the RBNZ's potentially final hawkish cut and discusses the RBA's anticipated pause after an unexpected CPI spike. The focus shifts to the UK, where Gavin analyzes budget leaks, fiscal strategies, and the Bank of England's cut possibilities. With concerns over welfare spending and UK growth, he elaborates on the intertwined risks of political stability. Additionally, he connects AI-driven equities to the Fed's future actions, painting a vivid picture of the global market landscape.

Gavin Friend, NAB markets economist and strategist, outlines the oil surge after Iran rhetoric and the IEA’s huge supply shock. He dissects rising bond yields, repriced rate-cut hopes, and US naval escort prospects for the Straits of Hormuz. He also highlights UK fiscal vulnerability and how a tighter US trade balance could reshape Q1 growth expectations.

Gavin Friend, markets economist and strategist at NAB's London team, breaks down market reactions to NVIDIA's huge profit beat and why investors stayed cautious. He covers US–Iran tensions and military build-up pushing oil and safe-haven flows. He also highlights an Australian capex surge in data centres and renewables, plus signs of a New Zealand recovery and inflation risks.

Gavin Friend, London-based NAB markets economist who covers global markets and policy. He breaks down oil’s jump amid Iran tensions. He explains US tech’s rebound on second‑tier data. He walks through UK inflation cooling and Aussie wages holding at 3.4%. He flags FOMC minutes, RBNZ moves and Zuckerberg’s testimony on algorithms.

Gavin Friend, a NAB markets economist based in London, breaks down the latest Aussie jobs figures and their implications for the RBA's tightening policy. He discusses the fallout from the recent Fed meeting, highlighting a cautious tone and shifting market expectations. The podcast delves into the US trade deficit and potential impacts on GDP, alongside insights on Oracle's AI investments affecting tech shares. Gavin also reviews the Swiss National Bank's decision on interest rates and shares thoughts on UK economic forecasts amid political uncertainty.