Wednesday: RBA hike talk shrugged off
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US consumer confidence dips, but the US dollar rises as a Fed Governor says she’s not ruling out rate hikes. Australia’s inflation rate is set to tick up May, while consumer confidence held steady despite talk of higher interest rates. In our bonus deep dive interview, ANZ Senior Commodity Strategist Daniel Hynes looks behind the headlines of the largest copper glut in China in four years. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/
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Soft US data has lifted bets for Fed rate cuts this year ahead of May’s PCE inflation print today. There’s good news on inflation pressures in New Zealand. The Philippines central bank holds rates, but looks to pull its easing cycle forward. In our bonus deep dive interview, ANZ Chief Economist...
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