{"podcast":{"title":"NAB Morning Call","slug":"nab-morning-call-427359","podcast_index_feed_id":427359,"rss_url":"https://feeds.acast.com/public/shows/631a89913c2be9001415dc41","website_url":"https://shows.acast.com/morningcall","image_url":"https://assets.pippa.io/shows/631a89913c2be9001415dc41/1782096193619-f4b4f870-948c-4d31-8eaf-fbd5f5bd0cfe.jpeg","author":"NAB - The Morning Call","episode_count":1568,"summary":"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. Hosted on Acast. See acast.com/privacy for more information.","last_synced_at":"2026-07-10T14:21:23.870249+00:00","page_url":"https://stenobird.com/podcast/nab-morning-call-427359"},"episode":{"title":"Divided we stall","slug":"divided-we-stall","published_at":"2026-05-18T20:22:19+00:00","page_url":"https://stenobird.com/podcast/nab-morning-call-427359/divided-we-stall","show_page_url":"https://stenobird.com/podcast/nab-morning-call-427359","url":"https://shows.acast.com/morningcall/episodes/divided-we-stall","audio_url":"https://sphinx.acast.com/p/open/s/631a89913c2be9001415dc41/e/6a0b74fcf37ac16f7cc0191c/media.mp3","summary":"Tuesday 19th May 2026 NAB Markets Research Disclaimer   Financial Services Guide | Information on our services -   NAB A stark geographic division has opened up in global markets as US and European assets move in entirely opposite directions. Phil talks to NAB's Skye Masters about this pronounced division, noting that while inflation fears have sent US equities tumbling and pushed 10-year Treasury yields above 4.6% to a one-year high, European shares are rallying and bond yields are falling. This market fracture comes as geopolitical tensions reach a boiling point, with Brent crude pushing past $112 a barrel following reports that Donald Trump is convening his top national security team in the Situation Room to discuss military options against Iran. Meanwhile, a sense of political calm has returned to the UK after Labour leadership contender Andy Burnham ruled out altering Rachel Reeves' fiscal rules, a move that lowered gilt yields and sparked a 0.7% climb for the pound. This transatlantic divide completely overshadowed much softer-than-expected economic activity data out of China, leaving investors to brace for a highly volatile week ahead of the Fed minutes and Nvidia's upcoming earnings. Hosted on Acast. See acast.com/privacy for more information.","meta_description":"Tuesday 19th May 2026 NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NAB A stark geographic divisi…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1021,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/nab-morning-call-427359/episodes/divided-we-stall/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/nab-morning-call-427359/divided-we-stall.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}