Monday: Markets eye rate cuts by ECB, Fed
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Stronger than forecast US jobs growth pushed up Treasury yields on Friday night, but wage growth was more moderate, leaving the Fed still on track for a rate cut in July. In our bonus deep dive interview, ANZ Pacific Economist Kishti Sen says Fiji needs to build four-and-a-half thousand new hotel rooms over the next decade. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/
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Stronger than expected inflation in the UK pushes out rate cut bets, as PM Sunak calls a snap election; New Zealand’s Reserve Bank turns hawkish and pushes out rate cuts; Indonesia holds rates; Singapore’s core inflation is expected to rise. In our bonus deep dive interview, ANZ Senior Commodity...
Published 05/22/24
Published 05/22/24
Global markets are flat ahead of Fed minutes. The RBA board discussed a rate hike more than was thought. Aussie renters feel more confident after the Budget. There are rate decisions today in New Zealand and Indonesia. In our bonus deep dive interview, ANZ Senior Commodity Strategist Daniel Hynes...
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