Thursday: Yen, CNH near record lows vs US$

The yen and the renminbi are near record lows this morning vs the US dollar as the king of currencies is getting even more of a tailwind from higher bond yields. In our bonus deep-dive interview, ANZ’s Senior Economist for China Betty Wang explains the shift toward a new public housing model in China that looks a lot like the one used for the last 60 years in Singapore. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/