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NAB Morning Call

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Weekend Edition: View from the floor

12 Dec 2025

Contributed by Lukas

Friday 12th December 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full dis...

Yields fall with Aussie jobs slide

11 Dec 2025

Contributed by Lukas

Friday 12th December 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABAustralian government b...

Divided they cut

10 Dec 2025

Contributed by Lukas

Thursday 11th December 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe Federal Reserve c...

Is February in the running for an RBA hike?

09 Dec 2025

Contributed by Lukas

Wednesday 10th December 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe RBA’s worry ab...

The only way is up

08 Dec 2025

Contributed by Lukas

Tuesday 9th December 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe RBA meets today —...

RBA & Fed Week

07 Dec 2025

Contributed by Lukas

Monday 8th December 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt’s the RBA and the F...

Weekend Edition: Is Australia’s soft landing sustainable?

05 Dec 2025

Contributed by Lukas

Friday 5th December 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABAustralia has managed wh...

Could an RBA rise come sooner?

04 Dec 2025

Contributed by Lukas

Friday 5th December 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABBond yields rose in Aust...

US jobs fall, AU GDP, softer but strong

03 Dec 2025

Contributed by Lukas

Thursday 4th December 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABUS Treasury yields fel...

A tiny bit more risk

02 Dec 2025

Contributed by Lukas

Wednesday 3rd December 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets have a tiny b...

Not very Zen

01 Dec 2025

Contributed by Lukas

Monday 2nd December 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABJapan’s bond yields pu...

Back where we started from

30 Nov 2025

Contributed by Lukas

Monday 1st December 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABFor all the volatility t...

Weekend Edition: The challenges for Aussie cotton

28 Nov 2025

Contributed by Lukas

Friday 28th November 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full dis...

Lots to be thankful for

27 Nov 2025

Contributed by Lukas

Friday 28th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThanksgiving might be a...

RBNZ cuts, BoE might, RBA won’t

26 Nov 2025

Contributed by Lukas

Thursday 27th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThree central banks c...

US hope, UK fears, Aussie CPI

25 Nov 2025

Contributed by Lukas

US equities are on the rise, with AI behind a chunk of it, helped by enthusiasm for Alphabet’s new chip, which can do marvellous thing apparently. B...

Tech looks for Fed’s gift for Christmas

24 Nov 2025

Contributed by Lukas

Tuesday 25th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt might be thanksgivi...

Tech looks for Fed’s gift for Christmas

24 Nov 2025

Contributed by Lukas

Tuesday 25th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt might be thanksgivi...

A better week to come?

23 Nov 2025

Contributed by Lukas

Thursday 20th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABLast week was a bad o...

Weekend Edition: Super investments and the Aussie dollar

21 Nov 2025

Contributed by Lukas

Friday 14th November 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full dis...

Too much is not enough

20 Nov 2025

Contributed by Lukas

Friday 21st November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABWhat do equity markets ...

Too early, too late and too much

19 Nov 2025

Contributed by Lukas

Thursday 20th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NAB Nothing seems t...

Nervous

18 Nov 2025

Contributed by Lukas

Wednesday 19th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets are nervous ...

Waiting for the numbers

17 Nov 2025

Contributed by Lukas

Tuesday 18th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere have been no maj...

No Bull on Beef tariffs

16 Nov 2025

Contributed by Lukas

Monday 17th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABPresident Trump announc...

Weekend Edition: How far will AI investment go?

14 Nov 2025

Contributed by Lukas

Friday 14th November 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full dis...

Is that it for the RBA? US missing October.

13 Nov 2025

Contributed by Lukas

Friday14th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABSally suggested as much ...

US vote to open, high for Aussie housing investment

12 Nov 2025

Contributed by Lukas

Thursday 13th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt’s hard to imagin...

US Ready to Open, Aussie confidence climbs, UK employment glum

11 Nov 2025

Contributed by Lukas

Wednesday 12th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt was reasonably co...

Shutdown showdown ready to end? RBA’s easing over?

10 Nov 2025

Contributed by Lukas

Tuesday 11th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABEquity markets have bo...

Not so fast!

09 Nov 2025

Contributed by Lukas

Monday 10th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABSigns of a weakening gl...

Weekend Edition: Diversifying Australia

07 Nov 2025

Contributed by Lukas

Friday 7th November 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disc...

Jobs data lost on the foggy highway

06 Nov 2025

Contributed by Lukas

Friday 7th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABNormally all eyes would...

Markets Climb, Jobs Hold, Trump's Wobbles

05 Nov 2025

Contributed by Lukas

Thursday 6th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABEurope’s revised PMI...

The race to stop inflation

04 Nov 2025

Contributed by Lukas

Wednesday 5th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThose who believed we...

Housing hotter ahead of RBA forecasts

03 Nov 2025

Contributed by Lukas

Tuesday 4th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe Australian housing ...

Dribs and drabs

02 Nov 2025

Contributed by Lukas

Monday 3rd November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets didn’t have a ...

Weekend Edition: The Tasman Divide

31 Oct 2025

Contributed by Lukas

Friday 31st October 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disc...

He says, Xi Says

30 Oct 2025

Contributed by Lukas

Friday 31st October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABDonald Trump and Preside...

Fed Cuts, RBA in May, or Maybe Not

29 Oct 2025

Contributed by Lukas

Thursday 30th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe FOMC cut rates, bu...

US confidence slides, tech expectations rise, Aussie CPI out today

28 Oct 2025

Contributed by Lukas

Wednesday 29th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe S&P hit a new...

Aussie dollar gains, gold dives on US China optimism

27 Oct 2025

Contributed by Lukas

Tuesday 28th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe market shift we hig...

Deals, earnings and central banks – a busy week ahead

26 Oct 2025

Contributed by Lukas

Monday 27th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThings are about to get ...

Weekend Edition: Is Australia America’s New best Friend?

24 Oct 2025

Contributed by Lukas

Friday 17th October 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disc...

Trump’s oil sanctions hit home

23 Oct 2025

Contributed by Lukas

Friday 24th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABDonald Trump’s sanctio...

Light On

22 Oct 2025

Contributed by Lukas

Thursday 23rd October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets were a lot mor...

Gold prices lower, yet uncertainty is piled higher

21 Oct 2025

Contributed by Lukas

Wednesday 22nd October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets were a lot m...

Australia US deal - we dig it.

20 Oct 2025

Contributed by Lukas

Tuesday 21st October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABBefore you woke up this...

Getting along with China

19 Oct 2025

Contributed by Lukas

Monday 20th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABDonald Trump said he was...

Weekend Edition: Australian housing on the road to $12 trillion

17 Oct 2025

Contributed by Lukas

Friday 17th October 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disc...

The facts about Aussie employment

16 Oct 2025

Contributed by Lukas

Friday 17th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABAustralia’s unemployme...

US earnings strong, future uncertain.

15 Oct 2025

Contributed by Lukas

Thursday 16th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABUS equities bounced ba...

Powell talks jobs down, drives equities up

14 Oct 2025

Contributed by Lukas

Wednesday 15th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt’s been day 14 of...

Peace for Middle East, hopes for China deal

13 Oct 2025

Contributed by Lukas

Tuesday 14th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe release of hostages...

Hot air on rare earths

12 Oct 2025

Contributed by Lukas

Monday 13th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets threw a bit of a...

Weekend Edition: The thirst for gold. How long before it loses its shine?

10 Oct 2025

Contributed by Lukas

Friday 10th October 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disc...

Markets cautious in data drought

09 Oct 2025

Contributed by Lukas

Friday 10th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe US shutdown continue...

Fed Minutes, Gold’s New High and the RBNZ’s big cut

08 Oct 2025

Contributed by Lukas

Thursday 9th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe Fed minutes are out...

US shut for a week, gold over $4k, RBNZ ready to cut

07 Oct 2025

Contributed by Lukas

Wednesday 8th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe US shutdown contin...

Konnichiwa and Au Revoir

06 Oct 2025

Contributed by Lukas

Tuesday 7th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt’s been a session li...

Abenomics to rise again? Surprise as Takaichi wins the leadership race in Japan.

05 Oct 2025

Contributed by Lukas

Monday 6th October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABSanae Takaichi won the LD...

ASK ANDREW: On AI, Trump, Global Warming, Asia, Debt and Fraud

03 Oct 2025

Contributed by Lukas

Friday 3rd October 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full discl...

The jobs challenge

02 Oct 2025

Contributed by Lukas

Friday 3rd October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABWith no non-farm payrolls...

Dancing in the Dark

01 Oct 2025

Contributed by Lukas

Thursday 2nd October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets will have to fe...

Schools Out. And so is the US government.

30 Sep 2025

Contributed by Lukas

Wednesday 1st October 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABNot only is it school ...

Lights out for US government

29 Sep 2025

Contributed by Lukas

Tuesday 30th September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere has been no bre...

Happy Friday

28 Sep 2025

Contributed by Lukas

Monday 29th September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABFriday was a day of po...

Weekend Edition: China and US. Who holds the cards?

26 Sep 2025

Contributed by Lukas

Friday 26th September 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full di...

Faster US growth ahead of PCE data pushes us equities lower

25 Sep 2025

Contributed by Lukas

Thursday 25th September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABUnexpectedly positiv...

Inflation numbers likely to keep RBA on hold well into next year

24 Sep 2025

Contributed by Lukas

Thursday 25th September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABAussie inflation num...

Powell keeps quiet, Trump speaks out

23 Sep 2025

Contributed by Lukas

Wednesday 24th September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABNot a lot of moveme...

All talk from central bankers

22 Sep 2025

Contributed by Lukas

Tuesday 23rd September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt’s been light-on ...

US shares carry on regardless

21 Sep 2025

Contributed by Lukas

Monday 22nd September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere’s one thing US...

Weekend Edition: Stablecoin – the Australian opportunity

19 Sep 2025

Contributed by Lukas

Friday 19th September 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full di...

More central bank decisions, more US optimism

18 Sep 2025

Contributed by Lukas

Friday 19th September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt’s been a busy wee...

Fed’s risk management cut

17 Sep 2025

Contributed by Lukas

Thursday 18th September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABJerome Powell called...

Cautious markets a day out from the Fed

16 Sep 2025

Contributed by Lukas

Tuesday 14th September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets are a little ...

Too ready for a Fed easing cycle?

15 Sep 2025

Contributed by Lukas

Tuesday 14th September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets are positioni...

Aussie dollar climbs above the uncertainty

14 Sep 2025

Contributed by Lukas

Monday 13th September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe Aussie dollar has ...

Weekend Edition: Less autonomous central banks and the return of inflation

12 Sep 2025

Contributed by Lukas

Friday 12th September 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full di...

US inflation, jobless claims and equities, all pushing higher.

11 Sep 2025

Contributed by Lukas

Friday 12th September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABUS inflation numbers o...

Less inflation and the world’s richest man

10 Sep 2025

Contributed by Lukas

Thursday 11th September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABUS bond yields pushe...

BLS rewrites US jobs history

09 Sep 2025

Contributed by Lukas

Wednesday 10th September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABAlthough we said ye...

Will US jobs numbers be revised down today?

08 Sep 2025

Contributed by Lukas

Tuesday 9th September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABAre we about to see a ...

US jobs shock. The focus is now on inflation.

07 Sep 2025

Contributed by Lukas

Monday 8th September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe building evidence ...

The fragile hopes of Stablecoin

05 Sep 2025

Contributed by Lukas

Friday 5th September 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full dis...

Get ready for the (soft?) US jobs number

04 Sep 2025

Contributed by Lukas

Friday 5th September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt would be a big surpr...

Jobs openings data shows US on go slow

03 Sep 2025

Contributed by Lukas

Thursday 4th September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe US job openings (...

Soured sentiment sends yields soaring in the US and UK

02 Sep 2025

Contributed by Lukas

Wednesday 3rd September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABNAB’s Skye Masters...

Gold and the power triple

01 Sep 2025

Contributed by Lukas

Tuesday 2nd September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt was a quiet session...

A week of politics, US jobs data and Aussie GDP.

31 Aug 2025

Contributed by Lukas

Monday 1st September 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThis could shape up to ...

Weekend Edition: The AI race. Build fast. Build big.

29 Aug 2025

Contributed by Lukas

Friday 29th August 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full discl...

Does the growing US economy need a rate cut?

28 Aug 2025

Contributed by Lukas

Friday 29th August 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe Fed is expected to cu...

India slapped hard, Europe plays nice and NVIDIA offers no big surprise.

27 Aug 2025

Contributed by Lukas

Thursday 28th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABToday’s big news...

You’re Fired! Assuming it is legal.

26 Aug 2025

Contributed by Lukas

Wednesday 27th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABPresident Trump p...

Doves wings clipped

25 Aug 2025

Contributed by Lukas

Tuesday 26th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe initial excitem...

Who Let the Doves Out?

24 Aug 2025

Contributed by Lukas

Monday 25th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABFed chair Jerome Pow...

Weekend Edition: Dealing with the US. The tactics of an Aussie trade negotiator.

22 Aug 2025

Contributed by Lukas

Friday 22nd August 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full discl...

Walmart drags equities down, yields rise ahead of Jackson Hole

21 Aug 2025

Contributed by Lukas

Friday 22nd August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABUS equities closed i...

Tech fears and a Fed firing?

20 Aug 2025

Contributed by Lukas

Thursday 21st August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABTech stocks lost g...

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