Markets are mixed this morning as attention turns to the Fed’s rate decision tomorrow. Also, Australia’s Q2 inflation data today will provide a big clue to whether the Reserve Bank of Australia can cut rates next month.

In our deep dive interview, ANZ Economist Aaron Luk has been researching insolvencies in Australia’s accommodation and food services sector.

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The euro fell sharply overnight as traders pored over Europe’s trade deal with the United States and saw a 15% tariff slowing its economy. The yen fell too, along with the Aussie and Kiwi dollars.

In our deep dive interview, ANZ’s Chief Economist for Southeast Asia and India, Sanjay Mathur, looks at how the Reserve Bank of India could deal with surplus liquidity in the banking system.

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The United States and Europe agreed a trade deal overnight that will see a 15% tariff applied to imports from Europe. Markets are looking ahead to the Fed’s decision on Thursday Asian time and US jobs on Friday night.

In our deep dive interview, ANZ Group Chief Economist Richard Yetsenga reports back from a trip he took to the United States this month.

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US manufacturing and jobs figures are solid. Japan’s factory activity contracts. South Korea’s growth rebounds. And central bankers hit the speaking circuit Down Under.

In our deep dive interview, ANZ FX Analyst Felix Ryan analyses how sentiment around the world’s major currencies has shifted through the year.

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US, European and Japanese stocks surged and risk-sensitive currencies such as the Aussie and Kiwi dollars rose as traders celebrated a US trade deal with Japan with lower tariffs than feared, and signs of a similar one for Europe.

In our deep dive interview, ANZ Senior Commodities Strategist

Daniel Hynes analyses why a 50% tariff on US copper imports may not help rebuild its domestic copper industry.

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US manufacturing surveys are weak. Donald Trump is set to unveil more trade deals. The Reserve Bank of Australia’s board meeting minutes point to a rate cut in August. And New Zealand trade data shows the effects of US tariffs.

In our deep dive interview, ANZ Economist Bansi Madhavani analyses what’s behind Taiwan’s record export growth this year.

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Japan’s ruling LDP party loses a key election, but PM Shigeru Ishiba vows not to resign, while he’s still negotiating tariffs with Donald Trump. So the yen rose 1%. And New Zealand’s inflation is softer than forecasts.

In part two of our deep dive interview, ANZ Senior Rates Strategist Jack Chambers looks beyond America’s fiscal issues to the UK, Australia and New Zealand.

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US consumer confidence is weak. The Fed is on track to cut in September. That’s weakening the US dollar. And New Zealand gets fresh inflation data today that’s expected to give room for its Reserve Bank to cut next month.

In our deep dive interview, ANZ Senior Rates Strategist Jack Chambers talks about the importance of rising long bond yields.

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US stocks hit fresh record highs overnight after US retail sales beat forecasts. Australia’s unemployment rate unexpectedly jumps. New Zealand’s inflation rate is set to rise in the June quarter, and Japan’s exports drop again.

In our deep dive interview, ANZ Commodities Strategist Soni Kumari digs into what’s been driving the platinum price so far this year.

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US producer prices are flat, in an another sign tariffs aren’t very inflationary, yet. Speculation swirls on Fed Chair Powell’s future. Bank Indonesia cuts rates. Australian jobs data today will be the focus for the RBA.

In our deep dive interview, ANZ Economist Krystal Tan analyses the US tariff letters received to date by several major Asian economies.

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