Description
Gold, the S&P 500 and the Euro Stoxx 500 rose to fresh record-highs on enthusiasm about the Fed’s first rate cut and China’s wide-ranging stimulus. Key US inflation data tonight is the next focus for global interest rates.
In our bonus Deep Dive interview, ANZ Economist Dhiraj Nim sifts through India’s recent trade data to reveal why gold imports jumped in August.
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Oil rises on an escalating conflict in Ukraine. US jobs and business confidence data is mixed. Australian housing affordability worsens again and New Zealand’s Treasury warns growth will be weaker than its May forecast and widen the budget deficit.
In our bonus deep dive interview, ANZ Commodity...
Published 11/21/24
Global stocks wobble as Ukraine conflict fears escalate. UK inflation is hotter than expected. China’s banks hold lending rates amid a focus on fiscal stimulus, and Bank Indonesia says post-Trump currency moves have affected its ability to cut rates.
In our bonus deep dive interview, ANZ Senior...
Published 11/20/24