5 in 5 with ANZ

The Fed keeps US rates on hold, and lowers its tone on growth; Australia’s inflation paves the way for an August rate cut; there are signs of weakness in New Zealand’s economy; And Singapore leaves policy on hold. In our deep dive interview, ANZ’s Matthew Galt looks at what’s been driving local Council property tax rates up in New Zealand in recent years. Before accessing this podcast, please read...

Markets are mixed this morning as attention turns to the Fed’s rate decision tomorrow. Also, Australia’s Q2 inflation data today will provide a big clue to whether the Reserve Bank of Australia can cut rates next month. In our deep dive interview, ANZ Economist Aaron Luk has been researching insolvencies in Australia’s accommodation and food services sector. Before accessing this podcast, please r...

The euro fell sharply overnight as traders pored over Europe’s trade deal with the United States and saw a 15% tariff slowing its economy. The yen fell too, along with the Aussie and Kiwi dollars. In our deep dive interview, ANZ’s Chief Economist for Southeast Asia and India, Sanjay Mathur, looks at how the Reserve Bank of India could deal with surplus liquidity in the banking system. Before acces...

The United States and Europe agreed a trade deal overnight that will see a 15% tariff applied to imports from Europe. Markets are looking ahead to the Fed’s decision on Thursday Asian time and US jobs on Friday night. In our deep dive interview, ANZ Group Chief Economist Richard Yetsenga reports back from a trip he took to the United States this month. Before accessing this podcast, please read th...

US manufacturing and jobs figures are solid. Japan’s factory activity contracts. South Korea’s growth rebounds. And central bankers hit the speaking circuit Down Under. In our deep dive interview, ANZ FX Analyst Felix Ryan analyses how sentiment around the world’s major currencies has shifted through the year. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institu...

US, European and Japanese stocks surged and risk-sensitive currencies such as the Aussie and Kiwi dollars rose as traders celebrated a US trade deal with Japan with lower tariffs than feared, and signs of a similar one for Europe. In our deep dive interview, ANZ Senior Commodities Strategist Daniel Hynes analyses why a 50% tariff on US copper imports may not help rebuild its domestic copper indust...

US manufacturing surveys are weak. Donald Trump is set to unveil more trade deals. The Reserve Bank of Australia’s board meeting minutes point to a rate cut in August. And New Zealand trade data shows the effects of US tariffs. In our deep dive interview, ANZ Economist Bansi Madhavani analyses what’s behind Taiwan’s record export growth this year. Before accessing this podcast, please read the dis...

Japan’s ruling LDP party loses a key election, but PM Shigeru Ishiba vows not to resign, while he’s still negotiating tariffs with Donald Trump. So the yen rose 1%. And New Zealand’s inflation is softer than forecasts. In part two of our deep dive interview, ANZ Senior Rates Strategist Jack Chambers looks beyond America’s fiscal issues to the UK, Australia and New Zealand. Before accessing this po...

US consumer confidence is weak. The Fed is on track to cut in September. That’s weakening the US dollar. And New Zealand gets fresh inflation data today that’s expected to give room for its Reserve Bank to cut next month. In our deep dive interview, ANZ Senior Rates Strategist Jack Chambers talks about the importance of rising long bond yields. Before accessing this podcast, please read the discla...

US stocks hit fresh record highs overnight after US retail sales beat forecasts. Australia’s unemployment rate unexpectedly jumps. New Zealand’s inflation rate is set to rise in the June quarter, and Japan’s exports drop again. In our deep dive interview, ANZ Commodities Strategist Soni Kumari digs into what’s been driving the platinum price so far this year. Before accessing this podcast, please...

US producer prices are flat, in an another sign tariffs aren’t very inflationary, yet. Speculation swirls on Fed Chair Powell’s future. Bank Indonesia cuts rates. Australian jobs data today will be the focus for the RBA. In our deep dive interview, ANZ Economist Krystal Tan analyses the US tariff letters received to date by several major Asian economies. Before accessing this podcast, please read...

US inflation continues to come in low as FOMC members approach their next rates decision; Australian consumer confidence falls after the RBA holds; China’s economy outpaces in Q2, and India’s exports and imports both fall in June. In our deep dive interview, ANZ Head of FX Research Mahjabeen Zaman looks at how the Australian dollar has been trading in line with a broader array of Asian currencies...

Risk-sensitive currencies are down after the EU warned Trump’s 30% tariffs on exports would stop trade across the Atlantic. Elsewhere, China reports better-than-expected exports, while Singapore’s GDP outperforms. In our deep dive interview, ANZ Senior Commodities Strategist Daniel Hynes explains why metals prices for batteries have slumped so much. Before accessing this podcast, please read the d...

Donald Trump threatens 30% tariffs on the EU and Mexico, which may slow US growth and push up inflation. China is due to report data suggesting 5% growth in 2025 is still possible, and India is expected to report benign inflation figures. In our deep dive interview, ANZ Economist Sophia Angala analyses how Australia’s states performed in Q1. Before accessing this podcast, please read the disclaime...

US jobless claims unexpectedly fall, but markets brush it off. South Korea holds its interest rate. New Zealand’s trucks show production holding up, while data shows fewer migrants have been choosing to stay in New Zealand. In our deep dive interview, ANZ Chief Economist for SouthEast Asia and India Sanjay Mathur highlights which Asian economies he’s keeping an eye on as we enter the third quarter...

A new round of US tariff letters include a 20% rate on the Philippines. There’s uncertainty in the copper market as traders wait for more detail on Trump’s 50% tariff talk. The Reserve Bank of New Zealand dovishly holds, while Malaysia pre-emptively cuts. In our deep dive interview, as the scramble for tariff-trade deals heats up, ANZ Senior Commodities Strategist Daniel Hynes analyses how the LNG...

The US administration officially postpones its tariff deadline to 1 August, but sends copper soaring with talk of a 50% tariff. The Reserve Bank of Australia surprises by holding rates. The Reserve Bank of New Zealand is also expected to hold later today. In our deep dive interview, ANZ Head of Australian Economics Adam Boyton explains why the RBA’s unexpected decision to hold rates doesn’t mark t...

Global stocks and riskier currencies are falling this morning after Donald Trump sent letters to Japan and South Korea setting tariffs of 25% from August 1, and the Reserve Bank of Australia (RBA) is expected to cut rates later today. In our deep dive interview, ANZ Chief Economist for Greater China, Raymond Yeung, has taken a closer look at the idea of stablecoins issued in Hong Kong as a way for...

Markets are braced for Donald Trump’s July 9 deadline for tariff deals. The RBA is expected to cut 25 basis points tomorrow, but the RBNZ is expected to hold on Wednesday. And Vietnam’s two-tiered trade deal is not expected to hit exports much. In our deep dive interview, ANZ Economist Bansi Madhavani looks more closely at what sort of deals could be done this week, and what they might mean for th...

US jobs beat economists’ forecasts, which lifts the S&P 500 to another new record high and douses market expectations for Fed rate cuts this year to 50 basis points. Australia’s trade surplus halves in May, and UK’s bond market goes on a wild ride. In our deep dive interview, ANZ Chief Economist for Southeast Asia and India Sanjay Mathur assess how growing US deficits will see Asian investors dive...

Global markets are on tenterhooks ahead of US jobs data tonight, looking for clues on the Fed’s rate cut path. ANZ Research pulls its RBA rate cut call forward to July after weak retail sales. And South Korea’s inflation rate may allow for one more rate cut. In our Deep Dive interview, ANZ Economist Maddy Dunk analyses the recent pick up in Australia’s housing market. Before accessing this podcast...

Fed Chair Jerome Powell says he’d be cutting rates now without Trump’s tariffs, although he’s still open to a cut later this month. Australian consumer confidence rises, South Korea’s exporters diversify and Japan is still on track for a rate hike. In the second part of a deep dive interview, ANZ Group Chief Economist Richard Yetsenga and ANZ Economist Sophia Angala discuss what’s needed to suppor...

An unusual split has opened up on the Fed’s rate-setting committee, which means a rate cut is possible later this month. China’s economy is proving resilient to Trump’s tariff talk. And New Zealand business confidence improves, but it’s still tough. In our deep dive interview, ANZ Group Chief Economist Richard Yetsenga and Economist Sophia Angala analyse the growth opportunities for Australia’s Fi...

US inflation behaves, and supports rates being cut in Q3. Attention turns to the US jobs market. New Zealand consumer confidence improves, but cautiously, and the final pieces of data are due ahead of the RBA’s will-they-or-won’t-they rate cut call next week. In our deep dive interview, ANZ Head of Australian Economics Adam Boyton outlines ANZ Research’s latest forecasts for the Australian economy...

US growth is revised lower in Q1 and its trade deficit widens in May. All eyes are on May PCE inflation for rate cut clues. Australian job vacancies bounce. Singapore looks set to avoid a technical recession off the back of a manufacturing boost. In our deep dive interview, ANZ Pacific Economist Kishti Sen analyses how Papua New Guinea and other Pacific economies are faring amid global trade turmo...