Ray Atchal
NAB markets economist/strategist providing market commentary and analysis on monetary policy, FX, and macro developments for the Morning Call episode.
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Feb 1, 2026 • 15min
Gold goes cold as Fed takes a Warsh
Ray Atchal, NAB markets economist who covers FX, macro and monetary policy, breaks down market whiplash after Kevin Warsh's Fed nomination. He talks about the sharp gold and silver sell‑off, the dollar and AUD swings, implications for Fed balance‑sheet policy and rate‑cut timing. Ray also surveys China PMI weakness, sticky Japan inflation, and a packed central‑bank week.
