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, the market remains cautiously optimistic that negotiations will lead to a resolution, though normal shipping could take five to six weeks. The US dollar is expected to regain strength amid renewed uncertainty, and central banks are likely to focus on containing inflation while tolerating modest growth slowdowns. Finally, the discussion highlights broader economic impacts, including rising fuel prices in New Zealand and the upcoming global PMI data that could influence Fed policy expectations.
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,...
Friday: Oil up 5% After Trump Threatens Iran
The episode examines how Donald Trump's threat of intensified strikes on Iran sparked a 5% jump in oil prices, pushing Brent above $100 per barrel and prompting a sell‑off in U.S. equities and a rise in bond yields. ANZ economists...
Thursday: Eyes Turn to BoJ, ECB After Fed Call
The episode reviews the market fallout from Middle East oil facility attacks, the Federal Reserve’s March rate decision, and upcoming policy moves by the Bank of Japan and ECB. ANZ economists discuss how the oil shock exposes Asia’s heavy reliance...
Wednesday: Oil Slumps on Stockpile Hopes
The episode covers a sharp drop in oil prices toward $80 a barrel as markets anticipate the release of strategic stockpiles amid Middle East tensions, while Australian consumer confidence falls and business sentiment turns negative. It highlights China’s surge in...
Wednesday: RBA's Bullock Says March Call 'Live'
The episode covers a sharp rise in oil prices amid Middle East tensions, its impact on global markets, and an upgraded Australian Q4 GDP forecast of 0.7% growth. ANZ economists discuss central banks' cautious stance on inflation, noting higher oil...
Monday: Aussie Dollar Riding High on RBA Hike
In this episode, ANZ Research analysts discuss the recent surge in the Australian dollar following the Reserve Bank of Australia's (RBA) interest rate hike. They explain how the tighter monetary policy has strengthened the currency, the impact on inflation and...
Thursday: NZ Employment Rises
In this brief episode, ANZ Research analysts discuss the latest data showing a rise in New Zealand employment, highlighting the sectors driving the growth and the implications for wage pressure and inflation. They note that the job market is tightening, with...
Monday: Silver Slides as Iran Tensions Ease
In this brief episode, ANZ’s research analysts discuss the recent decline in silver prices, attributing the slide to easing geopolitical tensions with Iran. They note that reduced risk premiums are dampening demand for safe‑haven assets, while broader market dynamics and...
Friday: Oil Down 4.9% as Iran Tensions Ease
In this brief episode, ANZ Research analysts discuss the recent 4.9% drop in oil prices, attributing the decline primarily to easing geopolitical tensions with Iran. They explain how reduced risk of supply disruptions has softened market sentiment and led to...
Thursday: Intervention Talk Props up Yen
In this brief episode of "5 in 5 with ANZ," host Bernard Hickey highlights how recent central bank interventions have bolstered the Japanese yen amid broader market volatility. He notes that while banking stress persists in the US and Europe,...