NAB Morning Call
Episodes
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...
RBNZ ready to cut. US tech stocks step back.
19 Aug 2025
Contributed by Lukas
Wednesday 20th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABNAB’s Ray Attri...
Trump tries for a trilateral
18 Aug 2025
Contributed by Lukas
Tuesday 19th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABHaving met with Zel...
US spends, China stumbles. Consumers worry
17 Aug 2025
Contributed by Lukas
Monday18th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABUS retail sales remai...
Weekend Edition: Japan works through its unwritten trade deal
15 Aug 2025
Contributed by Lukas
Friday 15th August 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full discl...
Tariff effects? US producer prices, UK trade and Europe’s industrial production
14 Aug 2025
Contributed by Lukas
Friday 15th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABNAB’s Rodrigo Cat...
Equities rise, bond yields falling. Bessent calls for bigger rate cut.
13 Aug 2025
Contributed by Lukas
Thursday 14th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABEquities are risin...
Swallowing the cost of tariffs
12 Aug 2025
Contributed by Lukas
Wednesday 13th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets have look...
Tariffing in, taxing out
11 Aug 2025
Contributed by Lukas
Tuesday 12th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere’s been very...
Trump’s man for the Fed
10 Aug 2025
Contributed by Lukas
Monday 11th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThis will be a very ...
Weekend Edition: A Bold Take On Big Business
08 Aug 2025
Contributed by Lukas
Friday 8th August 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full discla...
Tariffs kick in & BoE’s Close Call
07 Aug 2025
Contributed by Lukas
Friday8th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABAs of yesterday, US im...
Equites up as Apple brings it home
06 Aug 2025
Contributed by Lukas
Thursday 7th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABUS equities are up ...
More tariffs and more stagflation fears
05 Aug 2025
Contributed by Lukas
Wednesday 6th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe S-word has bee...
Oil down as Trump threatens India and OPEC+ pushes supplies higher
04 Aug 2025
Contributed by Lukas
Tuesday 5th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABHas Friday’s jobs ...
Revising history
03 Aug 2025
Contributed by Lukas
Monday 4th August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere were sharp mark...
Weekend Edition: NZ Super Fund – time on their side
01 Aug 2025
Contributed by Lukas
Friday 2nd August 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full discla...
Tariff delays already, ahead of today's deadline.
31 Jul 2025
Contributed by Lukas
Friday 1st August July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABYesterday the US Pres...
‘No preset course’ says Powell, as Fed waits longer
30 Jul 2025
Contributed by Lukas
Thursday31st July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIf anything, the Fed was s...
Oil worries, job slowdown and mega MAGA borrowing requirement
29 Jul 2025
Contributed by Lukas
Wednesday 30th July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABOil is the big mover ove...
EU a little less excited one day on
28 Jul 2025
Contributed by Lukas
Tuesday 29th July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe euphoria over a US—E...
Europe scores a deal
27 Jul 2025
Contributed by Lukas
Monday 28th July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABPresident Trump announced a...
Weekend Edition: Can Australian exports iron out climate woes?
25 Jul 2025
Contributed by Lukas
Friday 25th July 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclai...
Trump drops by the Fed
24 Jul 2025
Contributed by Lukas
Friday 25th July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABPresident Trump is stepping...
Japan deal helps auto sector, but Trump still in the driving seat
23 Jul 2025
Contributed by Lukas
Thursday 24th July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABJapan has a deal, even if...
24 hours from Tesla (and Alphabet)
22 Jul 2025
Contributed by Lukas
Wednesday 23rd July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABTech earnings will be a ...
Markets pulled between earnings and tariffs
21 Jul 2025
Contributed by Lukas
Tuesday 22nd July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABUS equities rose to new hi...
Not so big in Japan.
20 Jul 2025
Contributed by Lukas
Monday 21st July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt looks like Japan’s Pri...
Weekend Edition: Trump’s Winners and Losers
18 Jul 2025
Contributed by Lukas
Friday 18th July 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclai...
Accentuating the positive – S&P hits new high
17 Jul 2025
Contributed by Lukas
Friday 18th July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe S&P hit a new high ...
You’re Not Fired (Yet)!
16 Jul 2025
Contributed by Lukas
Thursday17th July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABDonald Trump made a TV car...
Are tariff impacts beginning to show?
15 Jul 2025
Contributed by Lukas
Wednesday 16th July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABPresident Trump suggeste...
Tepid Trump , Ruthless Rachel and Inflation Insights
14 Jul 2025
Contributed by Lukas
Tuesday 15th July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABOnce again, US markets see...
Another TACO moment?
13 Jul 2025
Contributed by Lukas
Monday 14th July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABOver the weekend President ...
Weekend Edition: Delving deep into household spending
11 Jul 2025
Contributed by Lukas
Friday 11h July 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaim...
Markets ignore a 50% hit on Brazil
10 Jul 2025
Contributed by Lukas
Friday 11th July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABOnce again markets have shr...
As quiet as it gets
09 Jul 2025
Contributed by Lukas
Thursday 10th July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThis has to be one of the...
Trump strikes a blow with copper
08 Jul 2025
Contributed by Lukas
Wednesday 9th July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABPresident Trump has made ...
Zen and the Art of Trade Realignment
07 Jul 2025
Contributed by Lukas
Tuesday 8th July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABPresident Trump has announc...
Tariffs are back. How hard will Trump go?
06 Jul 2025
Contributed by Lukas
Monday 7th July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe letters go in the post t...
Weekend Edition: Will the Republicans Sail Through the Mid-Terms?
04 Jul 2025
Contributed by Lukas
Friday 4th July 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaim...
Beautiful Done Deal. Unemployment Down. Happy 4th July.
03 Jul 2025
Contributed by Lukas
Friday 4th July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets responded to what se...
Vietnam’s deal, UK tears and a deluge of jobs data
02 Jul 2025
Contributed by Lukas
Thursday 3rd July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe S&P hit a new high...
Big Bill, Low Dollar
01 Jul 2025
Contributed by Lukas
Wednesday 2nd July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABPresident Trump's big, be...
Canada caves, will others be forced to follow?
30 Jun 2025
Contributed by Lukas
Tuesday 1st July 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABCanada has caved (the White...
The MAGA MegaBill and Big Trade Deals
29 Jun 2025
Contributed by Lukas
Monday 30th June 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere’s a lot of focus on...
Weekend edition: Live long and prosper
27 Jun 2025
Contributed by Lukas
Friday 27th June 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclai...
Dedollarisation Day
26 Jun 2025
Contributed by Lukas
Friday 27th June 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe US dollar has hit a new...
The 5% Club
25 Jun 2025
Contributed by Lukas
Thursday 26th June 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt won’t come as a comp...
Highs and lows from Middle East peace hopes
24 Jun 2025
Contributed by Lukas
Wednesday 25th June 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABOil prices are back down...
Missiles don’t land, but Fed doves fly
23 Jun 2025
Contributed by Lukas
Tuesday 24th June 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABAn Iranian attack on US ai...
Bunker down and pizza
22 Jun 2025
Contributed by Lukas
Monday 23rd June 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABYou think it’d be a chopp...
Weekend Edition: Building bigger and better.
20 Jun 2025
Contributed by Lukas
Friday 20th June 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclai...
Kicking the can on Iran, dovish hold from the BoE
19 Jun 2025
Contributed by Lukas
Friday 20th June 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABOil prices are still elevat...
Fed all agree to hold, but mixed view on dots as outlook weakens
18 Jun 2025
Contributed by Lukas
Thursday 19th June 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe Fed agree unanimously...
More signs of US slowdown, as Middle East tensions escalate
17 Jun 2025
Contributed by Lukas
Wednesday 18th June 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets are squeamish to...
Underpricing war? Pulling out of the dollar.
16 Jun 2025
Contributed by Lukas
Tuesday 17th June 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets seem optimistic th...
Oil prices rise, gold hits new high, as Middle East war escalates
15 Jun 2025
Contributed by Lukas
Monday 16th June 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABSince Israel fired bombs in...
Weekend Edition: Back from the brink. How to save a business in distress.
13 Jun 2025
Contributed by Lukas
Friday 13th June 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclai...
Dollar not so mighty, job claims rising, Trump has envelopes ready.
12 Jun 2025
Contributed by Lukas
Friday 13th June 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABProducer prices in the US, ...
No big deal, but softer US CPI.
11 Jun 2025
Contributed by Lukas
Thursday 12th June 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABTwo big bits of news over...
All quiet on tariff talks, but UK surprises with soft jobs data
10 Jun 2025
Contributed by Lukas
Wednesday 11th June 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThe UK has grabbed a bit...