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NAB Morning Call

NAB Morning Call

By: Phil Dobbie
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Start your day with the NAB Morning Call for the latest overnight key economic and market information straight from our team of expert market economists and strategists. This includes perspective on overnight news and market price action and the forces shaping movements in Australian and global markets in the days ahead.

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Economics Politics & Government
Episodes
  • War, wages and algorithms
    Feb 18 2026

    Thursday 19th February 2026


    NAB Markets Research Disclaimer

    Financial Services Guide | Information on our services - NAB


    Things are heating up in the Middle East, with Iran getting itself ready in case talks fail. As a result oil prices have moved up sharply, with Brent back over $70 a barrel. While the geopolitical scene is tense, tech stocks are bouncing back, perhaps using a set of moderately optimistic second-tier data as the reason. Meanwhile NAB’s Gavin Friend talks through UK inflatioin, which has cooled to 3%, and Aussie wages holding steady at 3.4%. Australian employment numbers are out today and, to top it all off, the tech world is bracing for Mark Zuckerberg’s landmark testimony on whether Meta’s algorithms are intentionally addictive—an outcome that could have a big impact on share prices. Gavin also manages to sneek in the FOMC minutes, just released.

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    16 mins
  • Choppy markets settle as Middle East war risk fades
    Feb 17 2026

    Wednesday 18th February 2026


    NAB Markets Research Disclaimer

    Financial Services Guide | Information on our services - NAB


    A choppy session for equities, bonds and energy, as Iran went from powder keg to hopes of peace. As NAB’s Rodrigo Catril says the talks have a long way to go and oil is still well down despite the switch in sentiment. Phil and Rodrigo also break down the pound’s 0.6% slide following a rise in UK unemployment to 5.2% and they dive into the RBA’s latest minutes, which showed a hold was given consideration. There’s also discussion on Canada’s "slow grind" disinflation and a look ahead to today’s Australian Wage Price Index and the RBNZ rate decision.

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    13 mins
  • Out of Office
    Feb 16 2026

    Tuesday 17th February 2026


    NAB Markets Research Disclaimer

    Financial Services Guide | Information on our services - NAB


    Trading was thin with holidays in the US and Asia on Monday, but there was still data around. NAB’s Sally Auld talks to Phil about jittery GDP figures from Japan and the mixed industrial signals coming out of Europe. They also weigh up the latest Bank of America fund manager survey, which shows high investor optimism despite a lack of downside protection, and touch on why geopolitical tensions in the Middle East are keeping a floor under oil prices.

    Hosted on Acast. See acast.com/privacy for more information.

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    13 mins
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