Schools Out. And so is the US government.

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NAB Morning Call

Phil Dobbie

1353 episodes

1 day ago

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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Schools Out. And so is the US government.

NAB Morning Call

15 minutes 56 seconds

1 week ago

Schools Out. And so is the US government.

Wednesday 1st October 2025

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Not only is it school holidays for a lot of Australia right now, there’s also a week-long national holiday in China. And the US government seems likely to shutdown later today unless there’s a last-minute reprieve. That’s a lot of people not going to work. Phil talks to NAB’s Taylor Nugent about the potential impact of the US shutdown and, assuming no payrolls data on Friday, what can we tell about the US labour market from the latest data overnight. They also talk about yesterday’s RBA statement and press conference. Did it support NAB’s case that the RBA won’t cut till May?

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