5 in 5 with ANZ

US markets are flat as weaker new home sales indicate falling demand. FOMC members debate patience vs a July rate cut. Australia’s May inflation is weaker than expected. Japan’s services inflation pressure builds. New Zealand exports jump. In our deep dive interview, ANZ Economist Krystal Tan reviews how the latest domestic political uncertainty in Thailand, and a process to find a new central ban...

Oil is down another 5% and US stocks are up over 1% on hopes a Middle East ceasefire will hold. US consumer confidence drops. US Fed chair Powell reiterates patience on rates. Australia’s consumers get a boost from year-end sales. In our deep dive interview, ANZ Group Chief Economist Richard Yetsenga explains why his latest Research Quarterly note on the world economy has the tagline ‘shaken, but...

Oil falls below US$70 a barrel and stocks rise as traders assess Iran’s retaliatory attack on a US base in Qatar for signs of de-escalation. US PMI data shows ongoing expansion in June. Another Fed Governor backs a July rate cut. Singapore’s inflation falls again. In our deep dive interview, ANZ Head of Asia Research Khoon Goh looks at how Singapore’s economy has come through tariff-related uncert...

Market volatility and a rise in the oil price are expected after the US strikes Iran. The USD could rise with oil. US business sentiment paints a negative growth picture as one Fed Governor breaks ranks by saying a July rate cut is possible. In our deep dive interview, ANZ Group Chief Economist Richard Yetsenga assesses how long the US Fed will hold off lowering rates as it waits to see the impact...

The Bank of England holds rates; Oil swings as President Trump gives himself two weeks to decide on the Middle East conflict. Australia’s job market remains resilient. New Zealand’s growth passes expectations. The Philippines cuts rates. In our deep dive interview, ANZ Head of FX Research Mahjabeen Zaman explains how the US dollar is facing further downside risk this year as it loses some safe-hav...

The FOMC holds US rates and indicates two more cuts this year. Bank Indonesia holds to protect its currency. Australia’s job market is set to show ongoing strength. Japan exports fall amid tariff uncertainty. New Zealand’s economy is set for Q1 growth. In our deep dive interview, ANZ Economist Dhiraj Nim analyses the Reserve Bank of India’s recent monetary policy ‘clarification’ after an oversized...

Oil is up as concern grows over the Israel-Iran conflict. Stocks are down - also due to weak US economic data. The Bank of Japan holds amid tariff uncertainty. Australian consumers are expecting higher inflation as global tensions rise. In our deep dive interview, ANZ Senior Economist Matthew Galt explains why New Zealand’s housing market is struggling to gain momentum even as interest rates drop....

Oil prices fall and stocks gain on news Iran is seeking de-escalation, despite strikes continuing. The Bank of Japan is set to hold rates today amid a hiking cycle. Extra May holidays boost Chinese retail sales and suppress production. In our deep dive interview, ANZ Senior Commodities Strategist Daniel Hynes analyses the Israel-Iran conflict and the ability of OPEC to respond to any disruption wi...

Oil starts the week with more upward pressure, after jumping over 7% on Friday as Israel renewed attacks on Iran, and retaliation over the weekend. The developments will overshadow key central bank meetings this week, set to hold clues for further rate moves. In our deep dive interview, ANZ Head of Asia Research Khoon Goh says while front-loading of Asian exports has supported trade numbers, the s...

Soft US inflation data sees markets price in two Federal Reserve rate cuts later this year. Gold rises and the US dollar falls as markets turn from trade talks. Subdued retail demand continues in New Zealand. India’s inflation is weaker than expected in May. In our deep dive interview, ANZ Senior Economist Matthew Galt discusses what’s been driving New Zealand’s economy out of last year’s recessio...

President Trump says US-China trade talks result in agreements covering rare earths and magnets, and Chinese students. US inflation surprises to the downside in May, supporting rate cut expectations for later this year. Australian consumers look to spend. In our deep dive interview, ANZ Economist Arindam Chakraborty explains ANZ Research’s call that the Philippines should pursue a fairer, or even...

US and China trade talks continue this morning, with ‘more to do’. US inflation data for May will show if tariffs are pushing up prices. Australian business conditions are their lowest since 2020. Traffic movements in New Zealand show diverging economic activity. In the second part of a deep dive interview into OPEC’s production cut phase-out, ANZ Senior Commodities Strategist Daniel Hynes explain...

The US and China resume trade talks, as Chinese export data shows a growing fall in US shipments. Chinese factory gate prices experience stronger deflation in May. New Zealand’s manufacturing activity shows strength in the March quarter. In our deep dive interview, ANZ Senior Commodities Strategist Daniel Hynes analyses how OPEC has been shifting in its strategy to phase out previous production cu...

The European Central Bank cuts but signals the cycle is near an end. US markets were buoyed by a trade call between Presidents Trump and Xi - all eyes are now on payrolls data to gauge the Fed’s next move. Australian households remained cautious in April. New Zealand’s construction sector may have found a floor. In our deep dive interview, ANZ Economist Vicky Xiao Zhou explains how ANZ Research de...

Soft US services and job surveys support rate cut expectations for later in the year. Australia’s headline growth falls in Q1, and South Korea’s currency and stock market get a boost from an election ending months of uncertainty. In our deep dive interview, ANZ Head of Australian Economics Adam Boyton explains why the economy is in better shape than yesterday’s Q1 GDP indicated. Before accessing t...

Strong US jobs data adds to the case for a Fed hold. Lower inflation in the EU supports an ECB rate cut this week. Australia’s Q1 GDP growth is set to be weaker on falling public demand, and RBA minutes reveal how much a 50 basis point cut was discussed in May. In the second of two deep dive interviews into Australia’s agriculture commodity outlook, ANZ Commercial’s Head of Agri Business Mark Benn...

Tariff uncertainty weighs on US manufacturing, with export and import activity at multi-year lows in May. Oil jumps over 3% on geopolitical risk; Australia’s housing market bounces back in May, while job-ads fall. Asian economies start showing diverging trade activity. In in the first of two Deep Dive interviews into Australia’s Agri commodity outlook, ANZ Commercial’s Head of Agri Business Mark B...

Markets start the week on the lookout for certainty as US courts see-saw on tariff legality; Australia’s housing market sends mixed signals, while retail spending was sluggish in April; and India produces surprisingly strong first quarter GDP. In our deep dive interview, ANZ Group Chief Economist Richard Yetsenga looks ahead to a suite of trade data in Asia amid tariff uncertainty, and also Austra...

Markets are mixed as they digest a US court ruling that the Trump administration’s tariffs were imposed illegally. Australian business indicators were a mixed bag in Q1. The Reserve Bank of New Zealand Governor says a July cut is not a done deal. The Bank of Korea cuts, with more to come. In part two of a Deep Dive interview into Singapore’s new safe-have status, ANZ’s Head of Asia Research Khoon...

US stocks track down with all eyes on Nvidia results due today. Treasury yields rise as traders eye more supply. The Reserve Bank of New Zealand cuts as expected, and lowers its rate track - although one dissenter wanted a hold. And disinflation progress has stalled in Australia. In our deep-dive interview, ANZ New Zealand Chief Economist Sharon Zollner says the RBNZ’s 5-to-1 vote yesterday indica...

US markets jump on stronger consumer confidence and intensified US-EU trade talks. Australian consumer confidence drops despite the RBA’s rate cut last week. Australian annual inflation for April may tick up, and the Reserve Bank of New Zealand is set to ease policy later today. In our deep-dive interview, ANZ’s Head of Asia Research Khoon Goh investigates the Singapore dollar’s even safer-haven s...

Donald Trump delays his 50% tariff on Europe, which boosts stocks there. But gold remains up near record highs on all the uncertainty. Singapore’s factory output rebounds, reducing the chances of a technical recession. And the RBNZ is expected to cut the OCR again tomorrow In our deep-dive interview, ANZ’s Senior Commodities Strategist Daniel Hynes has taken a closer look at the aluminium market a...

Donald Trump threatens 50% tariffs on Europe and a 25% tariff on Apple iPhones. Japanese bond yields surge to multi-decade highs. Oil production is set to rise. And New Zealand’s retail trade beats expectations in the March quarter. In our deep-dive interview, ANZ’s Group Chief Economist Richard Yetsenga analyses Trump’s latest moves and the selloff in long bonds globally, and the US in particular...

US markets bounce after Donald Trump’s tax bill passed in the House, just. New Zealand’s Government smooths its bond issuance out. Japanese business confidence falls. Singapore warns of a technical recession, and low Malaysian inflation could support a mid-year rate cut. In our deep-dive interview, ANZ Senior Economist Miles Workman says the New Zealand Budget should only have a limited impact on...

The selloff of US assets resumes as concerns about ballooning US Government debt pushed the 30-year Treasury yield over 5% to its highest level in 18 years. Indonesia cuts rates as currency worries fade. And New Zealand records a record trade surplus ahead of today’s Budget. In our deep-dive interview, ANZ Economist Dhiraj Nim analyses recent trends in India’s trade flows as authorities there look...