Thursday 26th February 2026
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The Aussie dollar outshone most currencies again overnight. It’s now at multi-decade high against the Yen. Phil talks to NAB’s Taylor Nugent about the influence of yesterday’s CPI numbers and weakening of the US dollar. There’s also a brief look at the State of the Union Address, why the Yen is weakening further, the push and pull of oil prices and what next for tariffs. Aside from Q4 capex for Australia, it’s a low news day ahead, unless NVIDIA lights the touchpaper on tech stocks.
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