Monday: Soft US data reassures Fed watchers

Global stocks and bonds begin the week on the front foot after more soft US economic data reinforced hopes for a Fed rate cut in Q3. Partial inflation figures in New Zealand are softer than expected. The Bank of Japan surprises by not hiking. In our bonus deep dive interview, ANZ Head of Asia Research Khoon Goh has surveyed the 11 economies in Asia outside of China and Japan and found seven grew GDP more than expected in the March quarter. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/