Monday: Iron ore, oil surge ahead of RBA decision

The RBA is set for a hawkish hold decision tomorrow as oil and iron prices hit multi-month highs. Non-farm payrolls suggest the US economy is cooling in a way that reassures the Fed. In our bonus deep-dive interview, ANZ’s Senior Commodities Strategist Daniel Hynes details why India’s booming EV production is electrifying demand for metals such as copper. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/