Wednesday: Solid US retail sales ease recession fears
Strong US retail sales ease recession fears, adding slightly to expectations of a 25 basis point cut by the Fed; Australia’s consumer confidence jumps, Singapore’s chip exports get a boost, and Bank Indonesia faces a tough rates decision today. In our bonus deep dive interview, from the recent ANZ-sponsored AFR Asia summit, ANZ Head of Geopolitical Risk Cameron Mitchell explains why themes of de-globalisation and the de-coupling of the US and Chinese economies should be looked at through a different lens. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/