5 in 5 with ANZ

Weak US jobs data strengthens bets the Fed will cut later this month. Australia’s economy grows faster than expected. And there’s an export boost for South Korea. In our Deep Dive interview, ANZ’s Senior Economist Adelaide Timbrell analyses Australia’s stronger-than-expected Q2 growth. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podca...

Long bond yields rise in the UK to their highest levels since 1998 on fiscal fears. US long bond yields jump on Fed independence worries. Australia’s final GDP indicators are weaker. And New Zealand’s terms of trade hits another record. In our Deep Dive interview ANZ International Economist Kishti Sen reviews how Pacific economies can reduce their combined infrastructure deficit. Before accessing...

Gold jumps to a fresh record high, as does silver. Australia’s GDP growth is on track for 0.6% in the June quarter. And momentum is growing in Australia’s housing market. In part two of our Deep Dive interview about a digital renminbi, ANZ’s Chief Economist for Greater China Raymond Yeung unveils the missing link: a lack of demand for renminbi as a reserve currency. Before accessing this podcast,...

A US court rules Donald Trump’s reciprocal tariffs are illegal, but they’ll keep going for now before an expected Supreme Court ruling. The Fed is still expected to cut later this month after key inflation data met expectations. In our Deep Dive interview, ANZ’s Chief Economist for Greater China, Raymond Yeung, unpacks China’s plans for a digital renmimbi. Before accessing this podcast, please rea...

Markets are mixed ahead of key US inflation data tonight. China lets its currency strengthen in what could be a signal before trade talks. Australian firms’ capex plans lift. And New Zealand businesses are still struggling. In our Deep Dive interview, ANZ Chief Economist for Southeast Asia and India Sanjay Mathur outlines his findings from a recent trip to Malaysia. Before accessing this podcast,...

US bond yields edge lower as rate cut expectations rise, but French Government bond yields have surged amid budget worries. Australia’s inflation jumps in July on higher electricity prices. In our Deep Dive interview, ANZ Senior Economist Miles Workman runs through ANZ Research’s new forecasts for New Zealand’s economy. Before accessing this podcast, please read the disclaimer at https://www.anz.c...

Market worries about Federal Reserve independence grow, pushing up longer US bond yields. The RBA’s August meeting minutes support another rate cut in Australia. In our Deep Dive interview, ANZ Group Chief Economist Richard Yetsenga looks at how developed economies are grappling with low birthrates following debate at the Jackson Hole central bankers’ summit. Before accessing this podcast, please...

New Zealand’s retail trade volumes are stronger than expected. Global markets are mixed as traders debate the certainty of a Fed rate cut next month. And Singapore’s inflation is weaker than expected. In part two of our Deep Dive interview, ANZ Senior Commodity Strategist Daniel Hynes details why Chinese investors are funding Indonesia’s aluminium expansion. Before accessing this podcast, please r...

Jerome Powell clears the way for the Fed to cut next month. The Fed drops its flexible target for inflation. Core inflation in Japan remains elevated, which means a rate hike is likely from the Bank of Japan. In our Deep Dive interview, ANZ Senior Commodities Strategist Daniel Hynes analyses whether Indonesia is about to transform aluminium supply, like it did for nickel. Before accessing this pod...

US stocks are soft ahead of Fed Chair Jerome Powell’s Jackson Hole speech tonight. New Zealand’s trade bounce may be at a turning point. There’s price pressure showing through in Japan’s manufacturing sector. In our Deep Dive interview, ANZ Economist Aaron Luk has been looking at how Australian consumers react to Reserve Bank of Australia rate cuts. Before accessing this podcast, please read the d...

US markets fall on tech valuation concerns. The Reserve Bank of New Zealand cuts and signals more to come, so the NZ dollar falls over 1%. Bank Indonesia also cuts to support growth. In our Deep Dive interview, ANZ New Zealand Chief Economist Sharon Zollner dissects the RBNZ’s latest forecasts after a dovish cut. Before accessing this podcast, please read the disclaimer at https://www.anz.com/inst...

Markets fall as traders wait on how dovish the Fed chair will be at Jackson Hole. The Reserve Bank of New Zealand is set to cut rates. Malaysia’s exports are set to face headwinds after a strong July. In our Deep Dive interview, ANZ Commodities Strategist Soni Kumari discusses what’s been driving the gold price in recent months, and the outlook for the rest of 2025. Before accessing this podcast,...

Markets are flat ahead of central bankers’ speeches at Jackson Hole. Thailand’s growth slows as tariff and political dramas hit. India gets a long-overdue credit rating upgrade. And there’s another sign of life from New Zealand’s economy. In part two of our Deep Dive interview, ANZ Senior China Strategist Zhaopeng Xing details how China is ending price-cutting wars to cure deflation, including by...

US retail sales are solid, leaving the Fed in no hurry to cut rates. China’s consumers remain very cautious. Taiwan’s GDP is surprisingly strong. And India is planning big sales tax reforms. In our Deep Dive interview, ANZ Senior China Strategist Zhaopeng Xing introduces us to a new word for an important problem in China: involution; to curl inwards. Before accessing this podcast, please read the...

US producer price inflation jumps to a three-year high, which lifts US bond yields and the US dollar. The Aussie and Kiwi dollars fall almost a percent. Australian jobs growth recovers, and New Zealand house prices fall again. In our Deep Dive interview, ANZ FX Analyst Felix Ryan has been researching central bank currency holdings, including of the Aussie and Kiwi dollars. Before accessing this po...

US rate cut expectations grow. Australian wage growth is strong, but that shouldn’t worry the RBA. The Bank of Thailand cuts rates. There’s another tentative sign that the worst could be over for New Zealand’s economy. In our Deep Dive interview, ANZ Economist Krystal Tan analyses the implications for Thailand’s economy of recent political turmoil which has seen its Prime Minister suspended. Befor...

The Reserve Bank of Australia cuts, with further easing on the cards. US inflation lifts but with positive signs tariffs are only having a transitory effect. New Zealand’s economy may be showing signs of life in Q3. In our Deep Dive interview, ANZ Head of Australian Economics Adam Boyton reviews the RBA’s decision and latest set of economic forecasts. Before accessing this podcast, please read the...

The Reserve Bank of Australia (RBA) is expected to cut its cash rate 25 basis points later today. ANZ Research upgrades its forecasts for house prices and GDP growth in Australia. In our Deep Dive interview, ANZ Senior Economist Adelaide Timbrell details why ANZ Research has upgraded those house price forecasts. Before accessing this podcast, please read the disclaimer at https://www.anz.com/insti...

Gold hits a new record high after the US sets tariffs on imports of gold bars. All eyes this week are on an expected rate cut in Australia tomorrow, and US inflation data tomorrow night. In our Deep Dive interview, ANZ Head of Australian Economics Adam Boyton goes hunting for the neutral interest rate. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/f...

Donald Trump announces a 100% tariff on chip imports, but markets are relaxed because there’s lots of exemptions. The Bank of England cuts…but only just, and oil prices are falling as OPEC+ pumps out more crude. In part two of our Deep Dive interview with Soni Kumari about India’s huge demand for metals, she lays out the opportunity for Australia’s exporters. Before accessing this podcast, please...

Donald Trump has doubled India’s tariff rate to 50% to punish it for buying oil from Russia. Markets are also wary of imminent Trump announcements on replacing key people at the Fed and the Bureau of Labor Statistics (BLS). Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/

Hong Kong’s Monetary Authority intervenes again to stop the Hong Kong dollar falling off its peg to the US dollar. ANZ Research sees the Reserve Bank of India cutting today. And Australian consumer confidence hits a three-year high. In our deep dive interview, ANZ New Zealand Senior Economist Miles Workman teases out the implications of significant job hoarding in recent years. Before accessing th...

Global stocks rally on growing hopes the Fed will cut next month. Donald Trump threatens even higher tariffs on India, blaming its buying of Russian oil. And Australian house prices are rising at an annualised rate of 7.4%. In our deep dive interview, ANZ Economist Vicky Xiao Zhou navigates the ins and outs of China’s still unresolved trade negotiations with the US. Before accessing this podcast,...

Donald Trump hits Taiwan (20%), India (25%) and New Zealand (15%) with higher than expected tariff rates. US jobs figures were weaker than expected in July, and market bets the Fed will cut next month have strengthened. In our deep dive interview, ANZ’s Head of Asia Research Khoon Goh looks at the winners and losers from Friday’s big tariff news. Before accessing this podcast, please read the disc...

US inflation rises in June, driving down expectations for a Fed rate cut next month. Trump announces a string of trade deals and extensions, but not for India. And the Bank of Japan holds, but sees higher inflation. In our deep dive interview, ANZ’s Dhiraj Nim looks at how the lack of a US trade deal for India, with a penalty tariff rate of 25%, will affect its economy. Before accessing this podca...