5 in 5 with ANZ ANZ

US stocks fell and US Treasury yields rose after US growth and inflation data was worse than expected. Australia’s strong CPI could shift the RBA’s rate cut track out. Indonesia hikes rates to bolster its currency and South Korea’s GDP beats forecasts.
In our bonus deep dive interview, ANZ Chief Economist for Southeast Asia and India, Sanjay Mathur looks at what central banks across Asia face in terms of monetary policy and their currencies if the US Fed delays rate cuts.

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Global PMIs offer hope for an earlier US rate cut, an ECB cut in June, and an easing by the Bank of England in August. Australian inflation is set to keep easing. Currency volatility means a rate hike is not off the table in Indonesia.
In part two of our bonus deep dive interview, ANZ Group Chief Economist Richard Yetsenga offers some pragmatic suggestions for improving housing affordability in Australia.

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Global stocks are on the rise, while gold and oil prices fell overnight on easing tensions in the Middle East. Chinese authorities move to boost Hong Kong’s stock market. The copper price is on a tear.
In our bonus deep dive interview, ANZ Group Chief Economist Richard Yetsenga takes a closer look at Australia’s worsening housing affordability, and why boosting housing supply may not be enough on its own.

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Global markets start the week nervously eyeing the Middle East and key US data later this week. Asian currencies are jittery near record lows against a rampant USD. The RBA will hope for lower inflation data in Australia on Wednesday
In our bonus deep dive interview, ANZ Commodity Strategist Soni Kumari explains why silver is finally jumping on gold’s fast-rising coat-tails.

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US bond yields rise again on strong factory data. Australian unemployment rises, but firms still expect labour market tightness. Next week’s CPI could be crucial for the RBA. Japan’s inflation rate is expected to slow. but don’t expect the BoJ to budge.
In our bonus deep dive interview, ANZ Economist Dhiraj Nim explains what is driving a surge in capital investment in India, and whether it can continue to drive GDP growth.

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Sticky UK inflation has dashed mid-year rate cut hopes. Strong domestic inflation in New Zealand is a concern for the central bank, but the ECB looks on track to start rate cuts in June. Oil is down 3% on global demand concerns.
In our bonus deep dive interview, ANZ’s Head of FX Research Mahjabeen Zaman details four reasons why the US dollar has been so strong in recent weeks.

Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/