Tuesday: EU stocks hit record highs
Feb 17, 2025•10 min
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Episode description
European stocks hit record highs and bond yields rise as higher defence spending is priced-in amid Ukraine peace talks. Japan’s economy hits its growth stride, and high dairy prices and a low Kiwi dollar are combining to support New Zealand’s economy.
In our bonus deep dive interview, ANZ Australia Senior Economist
Adelaide Timbrell
explains why the improving inflation outlook has given the Reserve Bank of Australia the room to cut 25 basis points to 4.1% later today, and then once more in August.
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