Monday: US stocks slump after Trump threatens new China tariff
Trade tensions between the US and China escalate, which triggers a stock market selloff. But US bonds rally, and gold is up too on safe haven demand. And watch out today for trade data from China.
In our Deep-Dive interview, ANZ Senior Commodities Strategist Daniel Hynes says China’s stockpiling of oil has held up prices, for now.
Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/
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9:49
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9:49
Friday: USD up & gold back under US$4k/oz
The US dollar surges against the euro and yen after political turmoil in France and Japan. Gold dips back below US$4,000/oz. NZ card spending shows signs of life. And the Philippines’ Central Bank unexpectedly cuts rates.
In our Deep-Dive interview, ANZ Economist Vicky Xiao Zhou looks at how China’s economy is set to perform this quarter and to the end of the year.
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9:37
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9:37
Thursday: RBNZ goes for big cut
Gold surges another 1.8% overnight. The Reserve Bank of New Zealand cuts its cash rate 50 basis points, which sends the Aussie dollar higher against the Kiwi.
In our Deep-Dive interview, ANZ New Zealand Chief Economist Sharon Zollner looks at what was behind the RBNZ’s large cut.
Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/
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8:47
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8:47
Wednesday: Gold over U$4,000/oz
Gold rises through US$4,000/oz as fears grow there’ll be a long US Government shutdown. Australia’s labour market continues to ease, and a weak business survey in New Zealand means the Reserve Bank could cut 50 basis points today.
In our Deep-Dive interview, ANZ Head of Asia Research Khoon Goh looks at Singapore’s economic momentum, including how it is benefiting from a surge in AI-related investment.
Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/
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9:28
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9:28
Tuesday: Geopolitics dominates markets
The yen falls and Japanese bond prices slide after the election of a new Prime Minister, who is expected to oppose rate hikes and borrow much more. Vietnam’s GDP surges with front-loaded exports to the US, and dairy prices fall.
In our Deep-Dive interview, ANZ Economist Arindam Chakraborty explains why banks in ASEAN countries and India aren’t passing on all of the recent rate cuts.
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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