Description
Oil is up another 3% on fears of escalating Middle East conflict; Friday’s bumper US jobs report has seen bets for a 50 basis point cut by the Fed in November evaporate; And China’s stock market braces for a renewed surge after the Golden Week holidays.
In our bonus Deep Dive interview, ANZ Economist Henry Russell says there are signs the Reserve Bank of New Zealand’s August rate cut may have already spurred some housing market activity.
Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/
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