5 in 5 with ANZ

Tuesday: China's economy slows in April

China’s economic growth slows more than expected in April, but exports of gear for data centres from the likes of Singapore are going gangbusters. And that helped accelerate Thailand’s GDP growth rate too. In our deep-dive interview, ANZ Group Chief Economist Richard Yetsenga sees the sustainability of Government borrowing at the heart of the sharp selloff in global bond markets in recent days. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/ [https://www.anz.com/institutional/five-in-five-podcast/]

Monday: Global bond markets sell off

Oil prices are up again and global stocks start the week on the back foot after a selloff on global bond markets on Friday night, as investors worry about the longer term effects of the Iran conflict and political uncertainty on growth and inflation. In our deep-dive interview, ANZ’s Chief Economist for Southeast Asia and India, Sanjay Mathur, analyses the worsening of balance of payments deficits in the Philippines, India and Indonesia. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/ [https://www.anz.com/institutional/five-in-five-podcast/]

Friday: Stocks hit record highs as Trump & Xi talk

Stocks rally to yet more record highs, despite another rise in oil prices, with hopes high that Presidents Trump and Xi can solve their trade and Iran conflict issues. US retail sales soften after the energy price shock. and NZ house prices fall. In our deep-dive interview, ANZ Economist Dhiraj Nim explains the strategic intent behind India signing a Free Trade Agreement with New Zealand. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/ [https://www.anz.com/institutional/five-in-five-podcast/]

Thursday: Trump in China as US prices rise

Donald Trump lands in China. Oil is down slightly and stocks are up. US producer price inflation is up as well. Australian home loans tumbled in March. And New Zealand inflation expectations rise. In our deep-dive interview, ANZ Senior Rates Strategist Jack Chambers reviews the Australian Government bond issuance programme announced following Tuesday night’s budget. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/ [https://www.anz.com/institutional/five-in-five-podcast/]

Wednesday: Australian deficits better than expected

Australia forecasts budget deficits for the next four years, but they’re better than expected as savings allow for higher spending. Oil prices rise 3% and stocks fall as concerns grow over the US-Iran ceasefire. And US inflation rises in April. In our deep-dive interview, ANZ Head of G3 Economics Brian Martin says the US labour market remains structurally weak, keeping wage growth and inflation pressures down. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/ [https://www.anz.com/institutional/five-in-five-podcast/]