Monday: Markets fear US recession
Aug 04, 2024•9 min
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Episode description
US stocks sold off sharply on Friday night and US bond yields fell to one-year lows after weaker than expected Non Farm Payrolls data. All eyes are on the RBA tomorrow for any signs of a dovish pivot. South Korea’s inflation was hotter than expected.
In our bonus deep dive interview, ANZ NZ Senior Economist Miles Workman unpacks a downgrade in ANZ Research’s forecast track for NZ house prices.
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