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Home > NAB Morning Call > A glimmer of hope, except for Boris
Podcast: NAB Morning Call
Episode:

A glimmer of hope, except for Boris

Category: Business
Duration: 00:17:47
Publish Date: 2022-07-07 20:27:51
Description: Friday 8th July 2022 There have been slightly less recession concerns in the US overnight, with equities and commodity prices pushing higher and 10 year Treasury yields pushing back over 3%. Jobs have been front and centre, with weekly jobless claims not moving far, and non-farm payrolls adding more data to the picture later tonight. It’s been a torrid day in UK politics, with Boris Johnson resigning but not leaving Downing Street until a replacement is found. NAB’s Gavin Friend talks through the impact it’ll have on the UK economy. Whilst China is contemplating a massive spending spree for local governments to build infrastructure and get the economy back on track.
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