Monday: Pressure in Australia's pipeline
The Aussie and Kiwi dollars are opening at four-month highs against the US dollar and the gold price is at a record-high US$2,091/oz after US Treasury yields fell again on a growing conviction the Fed has engineered a soft US landing. In our bonus deep-dive interview, ANZ Australia Senior Economist Adelaide Timbrell details the pressures in Australia’s A$100 billion infrastructure investment pipeline. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/