NAB Morning Call

The Equities Strike Back (for now)

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Episode notes

Tuesday 23rd April 2024

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The force of AI is strong it seems. It’s certainly pushing equities back up again in the US ahead of earnings results for several of the Magnificent Seven late this week. Meanwhile, bond markets and currencies have calmed down, although the pound is weaker as expectations for a n earlier cut by the Bank of England. Today PMIs for the UK, US and Europe will give a clearer indication of the relative strength of each economy and, perhaps, justify the different schedules being pursued by the various central banks. NAB’s Taylor Nugent talks through it all on today’s podcast.

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