Tuesday: Oil up 3% as Ukraine war intensifies
Nov 18, 2024•10 min
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Episode description
Oil prices rise 3% as the Russia-Ukraine war escalates. US Treasury yields edge up as traders price a December rate cut by the Fed at 50-50. And RBA minutes today are being watched to see how hawkish the rate-setting board continues to be.
In our bonus deep dive interview, ANZ Senior Economist Miles Workman explains how the RBNZ’s more aggressive start to OCR cuts has shifted New Zealand economy’s growth outlook upwards.
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