Friday: USD surges on imminent tariff news
The US dollar jumps after Trump says 25% tariffs will hit Canadian and Mexican imports from next Tuesday. New Zealand business confidence nudges up as interest rates fall, and weaker Australian capital expenditure may lower Q4 GDP forecasts. In our bonus deep dive interview, ANZ Economist Maddy Dunk looks at how much the RBA’s rate cut last week might feed through to Australia’s housing market this year. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/