5 in 5 with ANZ

Oil prices slump 5.5% on hopes the tit-for-tat strikes between Israel and Iran might not escalate. The yen falls on uncertainty about a new Government in Japan, and gas prices are rising as European buyers hunt for LNG supplies for the European winter. In our bonus Deep Dive interview, ANZ Commodity Strategist Soni Kumari explains why China is stockpiling copper as a strategic metal. Before access...

Traders are bracing for hits to the yen and the Nikkei after surprising losses for Japan’s ruling party in election results overnight. Japan’s inflation is firming in line with Bank of Japan hopes, and US non-farm payrolls are the big figures to watch this week. In our bonus Deep Dive interview, ANZ’s Head of FX Research Mahjabeen Zaman looks at the Trump trade in global currency and bond markets....

The US labour market remains resilient, while UK and European production is still contracting. South Korea growth disappoints as exports drag, and Japan’s Finance Minister raises concerns as the yen slides against a resurgent US dollar In our bonus Deep Dive interview, ANZ Chief Economist Richard Yetsenga looks at what China might learn from its current economic support efforts, and how quickly In...

US stocks are dragged down by big tech names. European rate cut bets move further towards 50 basis points in December. Canada cuts rates by 50 basis points, and Singapore’s inflation is higher than expected, but provides enough for policy easing. In our bonus Deep Dive interview, ANZ Chief Economist Richard Yetsenga was in China during the recent stimulus briefings and gives us his take on what th...

US Fed officials point to smaller, cautious cuts, Australian consumers look through later rate cuts and to job safety as confidence jumps, and falls in some New Zealand imports point to underlying economic weakness. In our bonus Deep Dive interview, ANZ Senior Commodity Strategist Daniel Hynes analyses concerns that China has been building up excessive stockpiles of key imports at the same time as...

Gold jumps to new highs. China’s banks cut lending rates more than expected to jolt demand. Iron ore and oil prices fall after China stimulus disappointment, and the RBA is encouraged by rate cut bets being pushed out after strong jobs data. In our bonus Deep Dive interview, ANZ Chief Economist for Greater China Raymond Yeung explains why investors weren’t too keen on China’s recent property suppo...

The S&P 500 starts the week fresh after hitting a new record high on Friday. China’s GDP beats expectations, but a big fourth quarter jump is required to hit the official target. Japan’s core inflation continues to support cautious BoJ rate hikes. ANZ Head of G3 Economics Brian Martin reviews the key September economic data prints in the US to explain why market pricing for November and December r...

The European Central Bank cuts by 25 basis points as inflation falls below target; US rate cut bets are pulled back following stronger retail sales; Australian jobs growth surges; And China announces further measures to support its property market. In our bonus Deep Dive interview, ANZ Economist Maddy Dunk looks at the effects that changing household sizes and investor lending are having on Austra...

New Zealand’s inflation falls more than expected, with markets now wondering if a 75 basis point cut in November is on the cards; UK inflation was also weaker; Australian jobs growth is expected to slow; And the Philippines and Thailand cut rates. In our bonus Deep Dive interview, ANZ Senior Economist Miles Workman explains what New Zealand’s weaker inflation could mean for the Reserve Bank’s Nove...

A weakening UK jobs market points to a November Bank of England cut; Concern over China stimulus grows; FOMC members talk of 25bps cuts by the Fed; New Zealand inflation is set to return to target; Three rates decisions today in Asia. In our bonus Deep Dive interview, ANZ Economist Maddy Dunk discusses signs that Australia’s housing market is starting to cool - particularly in Melbourne. Before ac...

Chinese stocks rise after more stimulus was promised over the weekend, but bond investors remain wary. Singapore holds policy but turns dovish, even as growth strengthens. India’s inflation unexpectedly jumps in September. In our bonus Deep Dive interview, ANZ International Economist Kishti Sen analyses the outlook for Pacific Island currencies as global monetary policy easing takes off. Before ac...

Solid US producer prices add to signals the Fed will be cautious in November; South Korea cuts rates, but now looks to pause; And Chinese inflation is weaker than expected, with traders also underwhelmed by Saturday’s stimulus briefing. In our bonus Deep Dive interview, ANZ Senior China Strategist Zhaopeng Xing outlines why that weekend briefing by China’s Finance Ministry did not deliver what inv...

US inflation outpaces expectations, supporting bets for a 25 basis point cut by the Fed in November; Japan’s producer prices are stronger than expected; A manufacturing bounce in Singapore may lead its Monetary Authority to hold policy next week. In our bonus Deep Dive interview, ANZ FX Analyst Kausani Basak analyses how the Thai Baht was the second strongest Asian currency in Q3, prompting the Ba...

The Reserve Bank of New Zealand cuts by 50 basis points and markets price another outsized move in November; Attention turns to US inflation data after last week’s strong jobs report; The Reserve Bank of India holds but moves to a neutral stance. In our bonus Deep Dive interview, as China’s Finance Ministry announces a fiscal policy briefing for Saturday, ANZ Chief Economist for Greater China Raym...

Oil fell back 5% overnight on fears about China’s growth outlook. The RBA tones down the hawkishness in its September board minutes. All eyes are on the Reserve Bank of New Zealand’s rate decision today - will it be 25 or 50 basis points? In our bonus Deep Dive interview, ANZ Chief Economist for Greater China Raymond Yeung explains why China’s National Development and Reform Commission didn’t anno...

Oil is up another 3% on fears of escalating Middle East conflict; Friday’s bumper US jobs report has seen bets for a 50 basis point cut by the Fed in November evaporate; And China’s stock market braces for a renewed surge after the Golden Week holidays. In our bonus Deep Dive interview, ANZ Economist Henry Russell says there are signs the Reserve Bank of New Zealand’s August rate cut may have alre...

US jobs growth was much stronger than expected, which lifted US Treasury yields 12-20 bps and shunted the US dollar 0.5% higher. Economists also now see a 50 basis point cut by the Reserve Bank of New Zealand on Wednesday In our bonus Deep Dive interview, ANZ’s Head of Australian Economics Adam Boyton reveals what a surprising rise in workforce participation means for interest rates. Before access...

Global markets are skittish this morning on fears the conflict in the Middle East will lift oil prices. Australia’s labour market and services sector remain resilient in PMI data, and NZ house prices fall again, despite the RBNZ starting rate cuts. In our bonus Deep Dive interview, ANZ Agriculture Economist Susan Kilsby looks at what the US dock workers’ strike could mean for Australia and New Zea...

Markets are mixed as traders analyse just how much escalation is possible in the conflict between Israel and Iran across the Middle East. There’s further strength in the US jobs market, and inflation in South Korea has fallen below the central bank’s target. In our bonus Deep Dive interview, ANZ Chief Economist for Southeast Asia and India Sanjay Mathur outlines the prospects for Asian economies a...

Oil prices have jumped, US Treasury yields US stocks are down and the US dollar is up in a flight to safety after reports that Iran has launched missiles at Israel; the US labour market is showing signs of resilience, while rate cut expectations in Europe have been boosted by lower inflation overnight. In our bonus Deep Dive interview, ANZ Economist Maddy Dunk discusses how sales in the lead up to...

China’s stock market jumps 8.5% as investors rush in. Japan’s Nikkei falls nearly 5% on concerns the new Prime Minister there is an interest rate hawk. Australia’s housing market is softening. New Zealand business confidence takes another leap higher. In our bonus Deep Dive interview, ANZ Economist Maddy Dunk says there are some silver linings in the recent bi-annual ANZ Core Logic Housing Afforda...

US inflation kept falling through August. All eyes this week will be on US jobs data on Friday. Australian lending figures may show a rise today. And consumers in New Zealand are more confident about house prices, as well as their own finances. In our bonus Deep Dive interview, ANZ Senior Commodities Analyst Daniel Hynes looks at why Saudi Arabia might be about to swamp the market with extra oil t...

Gold, the S&P 500 and the Euro Stoxx 500 rose to fresh record-highs on enthusiasm about the Fed’s first rate cut and China’s wide-ranging stimulus. Key US inflation data tonight is the next focus for global interest rates. In our bonus Deep Dive interview, ANZ Economist Dhiraj Nim sifts through India’s recent trade data to reveal why gold imports jumped in August. Before accessing this podcast, pl...

Australian inflation drops within the RBA’s target band for the first time since October 2021, but sticky services prices could be a concern. The Aussie and Kiwi dollars are down about 1% after hitting fresh 2024 highs yesterday. Services inflation also remains sticky in Japan. In part two of a bonus Deep Dive interview on China’s stimulus drive, ANZ Chief Economist for Greater China Raymond Yeung...

The Reserve Bank of Australia didn’t consider a hike as it held rates yesterday. Aussie consumer confidence jumps to its highest since January 2023, and August inflation data later today should show the temporary impact of cost of living support. The NZ dollar hits a new 2024 high. In our bonus deep dive interview, ANZ Chief Economist for Greater China Raymond Yeung analyses yesterday’s China stim...