Friday 5th July 2024
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
There are three big political stories today. First, the French election round two could still deliver a majority for Marine LePen’s party. But NAB’s Gavin Friend says markets are not viewing that as such an alarming outcome, saying there’s been a bit of a learning curve about what this new party could do. The UK is likely to face a change of government today, which could bring new optimism to a country that is clearly ready for a change. And, as Gavin observes, the challenge to Biden’s Democrat leadership hasn’t gone away yet. Data wise, today’s key number is the US non-farm payrolls. The numbers to watch are the employment rate and average hourly wages.
","author_name":"Phil Dobbie"}