Wednesday: S&P 500 Slides to One-Month Low
The episode covers a market sell‑off driven by AI‑related tech stock valuation concerns and a dip in oil prices as tankers exit the Strait of Hormuz, while ANZ economists discuss European manufacturing data, Australian CPI expectations, and Singapore’s steady inflation. In a deep‑dive, ANZ Senior Commodities Strategist Daniel Hines explains that restoring Persian Gulf oil flows will be slow, requiring ships to be refueled, serviced, and cleared of insurance and security hurdles, meaning only a few million barrels may return in the next months with full recovery not expected until 2027. The segment also highlights modest improvements in Euro‑area sentiment, rising Australian consumer confidence, and the likelihood of tighter monetary policy in Singapore.
Friday: Oil Falls & Stocks Rise Again as Deal Signed
The episode covers a rapid shift in markets after a deal to reopen the Strait of Hormuz, with oil prices falling and U.S. equities climbing. It reviews recent central bank actions, including the Bank of England’s hold, rate hikes by...
Thursday: Fed Holds, but Easing Bias Gone
The episode reviews the Federal Reserve’s decision to keep rates steady while removing its easing bias, noting that half of the policymakers now expect a 25‑basis‑point hike later this year. ANZ economists discuss Australian consumer confidence, inflation expectations, and a...
Thursday: Australian GDP Growth Slows
The episode reviews slowing Australian GDP growth, weak real household incomes, and the Reserve Bank of Australia's likely rate hold, while noting strong New Zealand building consents despite a market slowdown. It highlights the impact of the Middle East conflict on...
Friday: Stocks Surge & Oil Falls on Peace Deal Report
The episode covered a rally in U.S. equities and a drop in oil prices sparked by reports of a potential U.S.-Iran peace deal, while global PMI data showed a sharp slowdown in European factories but resilience in the U.S. economy....
Thursday: Oil Falls on Middle East Deal Hopes
The episode covered a sharp drop in oil prices—over 6%—driven by hopes for a US‑Iran peace deal, which lifted US equities and lowered Treasury yields. ANZ analysts discussed the implications for inflation, rate cuts, and the yen, noting that rising...
Tuesday: China's Economy Slows in April
The episode examines China’s unexpectedly weak April economic data, highlighting declines in industrial production, retail sales, and a 2.3% drop in fixed‑asset investment—the steepest since early 2020. It contrasts this slowdown with a surge in AI‑driven data‑center equipment exports from...
Tuesday: Eyes on Australia Budget for Household Help
The episode covers three main topics: the upcoming Australian federal budget and its potential cost‑of‑living measures, rising oil prices after Donald Trump dismissed Iran’s peace‑talks offer, and a deep‑dive on how the Middle‑East conflict threatens aluminium supply, given the region’s...
Monday: Fed on Hold as US Jobs Market Stabilises
The episode reviews a stabilising US labour market, solid April non‑farm payrolls and soft wage growth, which keep the Federal Reserve on hold as new chair Kevin Walsh prepares to take over. It also covers geopolitical tension from the closed...
Thursday: Fed Holds with 'Hawkish' Dissenters
The episode reviews the Fed’s decision to hold rates steady, noting three dissenting governors who opposed an easing bias, and examines the market reaction, including a dip in U.S. equities and a rise in oil prices after Donald Trump’s comments...
Monday: Way Cleared for Warsh to Be Fed Chair
The episode covers the ongoing closure of the Strait of Hormuz, the stalled Iran‑Pakistan peace talks, and the clearing of Kevin Walsh’s path to become Federal Reserve Chair. ANZ senior commodity strategist Daniel Hines explains how oil production shut‑ins in...
Monday: Oil & US$ to Rise as Strait Closes Again
The episode examines the renewed closure of the Strait of Hormuz after Iran attacked two vessels, sparking a rebound in oil prices and heightened geopolitical risk. ANZ economists explain that while oil may climb $1 per barrel in Asian trade,...
Friday: Oil Falls After Israel Agrees to Ceasefire Talks
The episode covers the market reaction to Israel’s agreement to ceasefire talks with Lebanon, which pushed oil prices lower and boosted risk assets like the S&P 500 and the Australian and New Zealand dollars. ANZ economists explain how the Middle‑East conflict,...
Tuesday: Oil Price Rises After New Trump Threats
The episode covers how Donald Trump's threat to strike Iran's energy and water infrastructure spiked oil prices by about 2%, while U.S. jobs data showed strong payroll growth but weakening wage gains, easing pressure on the Fed. ANZ economists discuss...
Tuesday: Markets Volatile as Iran Conflict Goes On
The episode reviews volatile global markets amid the ongoing Iran conflict, noting a dip in U.S. 10‑year Treasury yields and mixed equity performance while oil prices stay elevated. ANZ economists discuss upcoming Australian credit growth data and New Zealand business confidence,...