5 in 5 with ANZ

Stocks and bonds rally on more signs US jobs data tonight will be soft, and clear the way for the Fed to cut rates. Australia’s household spend-up catches the RBA’s attention, and Australia’s gold exports hit a record high. In our Deep Dive interview, ANZ’s Head of Asia Research Khoon Goh analyses the impact of US tariffs on Asian economies. 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/]

Weak US jobs data strengthens bets the Fed will cut later this month. Australia’s economy grows faster than expected. And there’s an export boost for South Korea. In our Deep Dive interview, ANZ’s Senior Economist Adelaide Timbrell analyses Australia’s stronger-than-expected Q2 growth. 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/]

Long bond yields rise in the UK to their highest levels since 1998 on fiscal fears. US long bond yields jump on Fed independence worries. Australia’s final GDP indicators are weaker. And New Zealand’s terms of trade hits another record. In our Deep Dive interview ANZ International Economist Kishti Sen reviews how Pacific economies can reduce their combined infrastructure deficit. 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/]

Gold jumps to a fresh record high, as does silver. Australia’s GDP growth is on track for 0.6% in the June quarter. And momentum is growing in Australia’s housing market. In part two of our Deep Dive interview about a digital renminbi, ANZ’s Chief Economist for Greater China Raymond Yeung unveils the missing link: a lack of demand for renminbi as a reserve currency. 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/]

A US court rules Donald Trump’s reciprocal tariffs are illegal, but they’ll keep going for now before an expected Supreme Court ruling. The Fed is still expected to cut later this month after key inflation data met expectations. In our Deep Dive interview, ANZ’s Chief Economist for Greater China, Raymond Yeung, unpacks China’s plans for a digital renmimbi. 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/]