Markets nervous as Russia drops the N word (again)

2024-11-19

Wednesday 20th November 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere as a certain amount of nervousness as Ukraine fired into Russian territory overnight and Russia revised its so-called Nuclear Doctrine, which lowers the requirements for a nuclear strike on a foreign power. But NAB’s Ray Attrill says the risk sentiment was short-lived, and markets are now focusing back on earnings results (NVIDIA tomorrow) and central bank e...

Wednesday 20th November 2024

NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB

There as a certain amount of nervousness as Ukraine fired into Russian territory overnight and Russia revised its so-called Nuclear Doctrine, which lowers the requirements for a nuclear strike on a foreign power. But NAB’s Ray Attrill says the risk sentiment was short-lived, and markets are now focusing back on earnings results (NVIDIA tomorrow) and central bank expectations. The latter have been influenced a little by Canada’s strong CPI numbers, a lot of words from the Bank of England, the latest RBA minutes and, to come today, negotiated wages for the Eurozone.

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