{"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":"Iran’s ‘piece of garbage’","slug":"iran-s-piece-of-garbage","published_at":"2026-05-11T20:41:53+00:00","page_url":"https://stenobird.com/podcast/nab-morning-call-427359/iran-s-piece-of-garbage","show_page_url":"https://stenobird.com/podcast/nab-morning-call-427359","url":"https://shows.acast.com/morningcall/episodes/irans-piece-of-garbage","audio_url":"https://sphinx.acast.com/p/open/s/631a89913c2be9001415dc41/e/6a023f135c981a357308420a/media.mp3","summary":"Tuesday 12th May 2026 NAB Markets Research Disclaimer   Financial Services Guide | Information on our services -   NAB In this episode of the NAB Morning Call, Phil Dobbie and Rodrigo Catril break down the market's reaction to President Trump’s blunt dismissal of Iran’s latest proposal as a \"piece of garbage,\" a move that has dashed hopes for a diplomatic breakthrough and kept the Strait of Hormuz under lock and key. As Brent crude pushes higher toward $115 a barrel, Rodrigo highlights a stark divergence in sentiment: while U.S. equities find resilience by \"looking through\" the disruption fueled by big tech earnings, bond markets are seeing yields rise as the geopolitical uncertainty takes hold. In the UK, yields have been hit even harder by a potential leadership challenge for the Prime Minister, while in China, consumer inflation kicked higher alongside a markedly sharp leap in producer prices. Domestically, the pair look ahead to a massive day for the local economy with NAB’s Business Survey, consumer confidence, and the federal budget taking centre stage, all while the global market braces for the latest U.S. CPI data. Hosted on Acast. See acast.com/privacy for more information.","meta_description":"Tuesday 12th May 2026 NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NAB In this episode of the NA…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1032,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/nab-morning-call-427359/episodes/iran-s-piece-of-garbage/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/iran-s-piece-of-garbage.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}