5 in 5 with ANZ

Oil jumps to US$118/barrel after Donald Trump suggests blockading the Strait of Hormuz for months. The US Fed holds rates as dissenters oppose an easing bias. And Australian core inflation is below forecasts, but the RBA is still set to hike next week. In our deep-dive interview, ANZ Economist Maddy Dunk explains why the RBA is so focussed on inflation expectations, following March’s price data. B...

Oil prices rise as the Strait of Hormuz remains shut, while stocks fall on AI fears. The Bank of Japan holds, but hawkishly. And Australian Q1 inflation today is set to back another hike by the RBA. In our deep-dive interview, ANZ Economist Bansi Madhavani assesses the likelihood of a Bank of Japan rate hike in June. Before accessing this podcast, please read the disclaimer at ⁠https://www.anz.com...

Oil prices are up in the absence of face-to-face peace talks between the United States and Iran, and the ongoing closure of the Strait of Hormuz. The focus turns today to the Bank of Japan (BoJ), where a rate hold is expected. In our deep-dive interview, ANZ Head of FX Research Mahjabeen Zaman looks at why the yen has regained its strength somewhat in recent weeks, and what might happen if there’s...

The Strait of Hormuz is still closed as the week begins, with peace talks stalled and naval blockades from Iran and the US in place. In Fed news, the way is clear now for Donald Trump’s nominee to become chair. In our deep-dive interview, ANZ Senior Commodity Strategist Daniel Hynes looks closer at the longer term effects on oil supply, and prices of shut-ins. Before accessing this podcast, please...

Oil prices rose again overnight after tit-for-tat seizures of vessels by the US and Iranian navies. South Korea’s growth jumps in the first quarter on chip exports. And the Philippines hikes rates to beat down inflation. In our deep-dive interview, ANZ Pacific Economist Kishti Sen analyses how Papua New Guinea is responding to the oil price shock. Before accessing this podcast, please read the dis...

Donald Trump extends the Iran ceasefire and US earnings are strong, so stocks are up, but the strait of Hormuz remains blocked, so oil is up too. And Bank Indonesia holds, but says rates could rise to support its currency. In our deep-dive interview, ANZ Head of Asia Research Khoon Goh looks at how Singapore’s economy was placed heading into the oil price shock. Before accessing this podcast, plea...

Oil rises 4% and stocks drop as markets worry about the looming end of the ceasefire in Iran. Fed Chair nominee Kevin Warsh says he won’t bow to political pressure. And New Zealand businesses look to raise prices as inflation stays above target. In our deep-dive interview, ANZ Senior Economist Miles Workman analyses how the Reserve Bank of New Zealand is set to view above-target inflation heading...

Oil prices bounced and US stocks slid overnight as the end of the Iran ceasefire looms tomorrow, and after the US Navy fired on and boarded an Iranian ship yesterday. Also, New Zealand inflation and US retail sales figures are due today. In our deep-dive interview, ANZ Economist Maddy Dunk outlines how ANZ Research has updated its forecast for Australian private credit growth over the next two yea...

Oil prices and the US dollar are expected to bounce in Asian trade this morning after Iran closed the Strait of Hormuz again and attacked two ships over the weekend. Markets are focused on peace talks due this week, and also global PMI data. In our deep-dive interview, ANZ Group Chief Economist Richard Yetsenga sees the latest back and forth in the Iran conflict as edging towards resolution. Befor...

US stocks are solid after a 10-day ceasefire between Israel and Lebanon was announced, but oil has risen as the Strait of Hormuz remains closed. And Australia’s jobs market doesn’t tighten, which may help the Reserve Bank of Australia. And then in our deep-dive interview, ANZ Chief Economist for Greater China Raymond Yeung analyses China’s economic prospects after a strong Q1. Before accessing thi...

Oil prices and stocks take a breather as the US and Iran consider a ceasefire extension. The Reserve Bank of Australia will be watching March job figures for signs of ongoing strength. India’s trade falls due to the Middle East conflict. And then in our deep-dive interview, ANZ Economist Sophia Angala looks at how higher global energy prices will affect Australian imports and the federal budget. B...

Oil prices are down as much as 7%, while stocks are up on Middle East peace talk hopes. The Reserve Bank of Australia warns rates may not be high enough to tame inflation, and Singapore tightens monetary policy. And then in our deep-dive interview, ANZ Senior Commodities Strategist Daniel Hynes analyses the US blockade of the Strait of Hormuz and outlines ANZ Research’s new oil price forecast. Bef...

Oil prices are up around US$100/barrel again as the US Navy blockade on Iranian ports begins. ANZ Research changes its call for the Official Cash Rate in New Zealand, and Singapore’s central bank is expected to tighten today. And then in our deep-dive interview, ANZ NZ Chief Economist Sharon Zollner sees the Reserve Bank of New Zealand hiking early and hard from July, to avoid having to go higher...

Peace talks between Iran and the United States collapse. Donald Trump says the US Navy will blockade the Strait of Hormuz and stop tankers on the high seas that have paid Iran tolls. And US inflation spikes, which pushes consumer confidence down. And then in our deep-dive interview, ANZ Group Economist Richard Yetsenga assesses how much damage has been done so far to global economic momentum. Befo...

Oil prices fall and stocks rise after Israel agrees to ceasefire talks with Lebanon, improving the chances of a broader Middle East ceasefire. Elsewhere, Kiwis drove less in March and China’s deflation may be over. And then in our deep-dive interview, ANZ Economist Maddy Dunk details where and how ANZ Research has lowered its house price forecasts in Australia’s capital cities. Before accessing th...

Oil prices plunged 15% and stocks rose 3% overnight after the US and Iran agreed to a two-week ceasefire. But there is still conflict in the region and only a few ships have transited the Strait of Hormuz. Meanwhile, the Reserve Bank of New Zealand held interest rates, but lifted its inflation forecasts. And then in our deep-dive interview, ANZ Senior Commodities Strategist Daniel Hynes says the o...

Markets are on tenterhooks hours ahead of President Trump’s 8pm EST deadline for Iran to reopen the Strait of Hormuz; Australia’s labour market loosens; The Reserve Bank of New Zealand is expected to hold rates today. And then in our deep-dive interview, ANZ Economist Krystal Tan looks at how South Korea’s economy is standing up to the effects of the Middle East conflict. Before accessing this pod...

Trump threatens strikes on Iran’s energy and water infrastructure tomorrow, which is pushing up oil prices and undermining US stocks. US jobs are strong, but wage growth weakens in March - taking pressure off the Fed. And then in our deep-dive interview, ANZ Economist Maddy Dunk analyses the most recent housing market data in Australia, and says there are signs of a slowdown. Before accessing this...

Global stocks are firmer this morning and oil prices slipped on hopes for de-escalation in Iran, but the focus is on a Donald Trump speech due at 1pm Sydney/Melbourne time. And manufacturing in Asia remains strong. For now. And then in our deep-dive interview, ANZ Commodities Strategist Soni Kumari analyses how the Middle East conflict is affecting the global aluminium market. Before accessing thi...

Stocks jump on hopes for de-escalation in Iran. RBA minutes show four dissenters weren’t against hiking, just the timing; And New Zealand business confidence slumps in March as fuel prices jumped. And then in our deep-dive interview, ANZ Senior Commodities Strategist Daniel Hynes analyses the further impact on oil and the world economy if Red Sea trade becomes disrupted by the Middle East conflict...

Markets wobbled overnight with conflicting accounts of when the Iran conflict might end. Bond yields fell on hope inflation may not rise too much. And we get data today on Australian lending growth and NZ business confidence. And then in our deep-dive interview,ANZ Chief Economist for Southeast Asia and India Sanjay Mathur, analyses the fiscal effects of the fuel subsidies, and how long before the...

The conflict in Iran widens again over the weekend after global stocks and bonds sell off aggressively. Brent crude jumps again, and the US dollar strengthens. And consumer confidence falls in both the United States and New Zealand. And then in our deep-dive interview, ANZ Economist Henry Russell looks at why the Fed is likely to look through the latest energy price shock, even though it was criti...

Oil rises 5% on uncertainty about a US peace deal with Iran. The Reserve Bank of Australia (RBA) is concerned about higher inflation expectations becoming embedded, and ANZ Research has lowered its Australian GDP forecasts. And then in our deep-dive interview, ANZ Commodities Strategist Soni Kumari analyses how gold has fallen since the Middle East conflict escalated as US rate cut expectations di...

Oil eases and stocks rise on Middle East ceasefire hopes, even as Iran rejects a US peace plan. And Australia’s annual inflation fell slightly in February, as household spending eased off. And then in our deep-dive interview, ANZ Agri Economist Matt Dilly explains how the oil price shock is affecting global fertiliser prices and on-farm costs in New Zealand. Before accessing this podcast, please r...

Oil is back up 5% as caution returns to the outlook for the Middle East conflict. The RBNZ signals no knee-jerk moves but is watching inflation expectations. And Australian inflation expectations jump to a record high as confidence plunges. And then in our deep-dive interview, ANZ Senior Rates Strategist Jennifer Kusuma looks at the tail end risks for Asian economies from a prolonged supply shock...