Start your day with 5 in 5 with ANZ. You’ll hear the five things you need to know about the global economy and markets in under 5 minutes. Plus a deep dive into...
Monday: Trump Trade? Or just a clear election result trade?
The Trump trade takes a breather. Fed Chair Jerome Powell is less dovish than expected. China’s retail sales surge, leaving it on track for 4.9% GDP growth this year. And was the Trump trade actually about Trump? Or about a very clear election result?
In our bonus deep dive interview, ANZ Senior Commodities Strategist Daniel Hynes analyses the risks of Australia’s gas supply getting redirected into the international market, and what might replace it domestically.
Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/
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9:18
Friday: US dollar near two-year high
US producer price inflation rises a bit, but a rate cut remains on the table. The US dollar nears a two-year high on the ‘'Trump Trade’. Australia’s jobless rate holds but employment growth slows, and there are signs of life in New Zealand’s housing market.
In our bonus Deep Dive interview, ANZ Senior Commodities Strategist Daniel Hynes looks at how Australia’s East Coast gas suppliers have dealt with entry into the global market.
Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/
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8:57
Thursday: US December rate cut bets jump
Bets firm for a December rate cut by the Fed as US disinflation continues. Australian wage growth is lower than expected, but that might not move the RBA. The Yen weakens further as the US dollar continues its surge - the Aussie and Kiwi fall as well.
In our bonus Deep Dive interview, ANZ Head of Asia Research Khoon Goh continues our coverage of the effects of Donald Trump’s election victory on global markets. Chinese authorities moved yesterday to support a weakening Yuan, while foreign investment outflows in Asia have also been picking up pace.
Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/
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9:15
Wednesday: Australian confidence up
US stocks take a breather, while Treasury yields and Bitcoin continue to surge following the US election. Australian consumers and businesses are the most confident since early 2023, and New Zealand’s economic slump looks to have bottomed out.
ANZ Senior Senior China Strategist Zhaopeng Xing says China’s authorities look to have held off announcing a larger stimulus package last week to keep their powder dry for whatever a Donald Trump-led United States throws at their economy.
Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/
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9:24
Tuesday: Bitcoin surges on Trump trade
The Trump trade surge continues: Bitcoin hits a new record high and the US dollar bounced another half-percent overnight. Expectations for another Fed rate cut in December grow more wobbly; and weary ECB policy makers suggest rate cuts could help ward off negative US trade moves.
In our bonus Deep Dive interview, ANZ’s Head of Australian Economics Adam Boyton analyses a surge in jobs in aged care and disabled care, which is lifting female workforce participation.
Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/
Start your day with 5 in 5 with ANZ. You’ll hear the five things you need to know about the global economy and markets in under 5 minutes. Plus a deep dive into emerging trends and issues. Hosted by business and financial journalist Bernard Hickey, the podcast features exclusive insights from ANZ’s global team of experts.
Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/
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