Thursday: RBA unlikely to be moved by weaker households
US Job vacancies were weaker than anyone expected in July, boosting chances of a larger cut by the Fed this month, Australia’s economy expands, although household spending weakens; as does China’s services sector. In our bonus deep dive interview, ANZ Senior Commodity Strategist Daniel Hynes sets out the challenges OPEC producers are facing from weakening global activity. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/