Wednesday: Weak US manufacturing raises slowdown concern
Global stocks fall after weak US manufacturing data raises fears about a deeper slowdown. The Australian dollar is down over 1%; Australia’s GDP today should just be in growth territory, and South Korean inflation hits the central bank’s target. In our bonus deep dive interview, ANZ Group Chief Economist Richard Yetsenga reviews Australia’s trade relationship with ASEAN, from the ANZ-sponsored AFR Asia summit in Melbourne. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/