Friday: ECB cuts, but reluctantly

The ECB cuts rates overnight as expected, but reluctantly. Australian housing lending jumps in April as rental property investors build up a head of steam, while building work slows in New Zealand. In our bonus deep dive interview, ANZ Senior Commodities Strategist Daniel Hynes reviews the OPEC+ meeting earlier this week and its impact on the oil market. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/