Thursday 23rd October 2025
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
Markets were a lot more cautious this session. Some commentary suggests it’s down to Trump’s comments that there might not be a meeting with President Xi this month, but, as NAB’s Ray Attrill points out, in the same breath the US President said he thinks a deal will be reached. The biggest move has been a sharp fall in oil and silver - a move you’d normally expect when sentiment was improving. It’s one of the many quandaries about how classes that would normally be inversely correlated seem to be moving together. On top of that, the BoE’s Andrew Bailey warned that private credit was rising too sharply, in a pattern not too dissimilar to the GFC. As Ray points out, he’s not the first central banker to suggest that. In short, a day low on data or news, but piled high with uncertainty.
Hosted on Acast. See acast.com/privacy for more information.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
CrimeLess: Hillbilly Heist
It’s 1996 in rural North Carolina, and an oddball crew makes history when they pull off America’s third largest cash heist. But it’s all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular ‘ol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.