5 in 5 with ANZ

Tuesday: Traders reduce bets Fed will cut in June


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US Treasury yields and the dollar rose overnight as traders pared back expectations of the Fed’s rate cuts. Japan’s Nikkei closed up over 2.5% on expectations of a dovish Bank of Japan hike today, and the RBA is set to hold, but maintain a tightening bias

In our bonus deep dive interview, ANZ Senior Economist Miles Workman says New Zealand is at risk of a credit rating downgrade because of a high current account deficit.


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