Friday: Mixed US economic signals as oil drops

NOV 21, 20249 MIN
5 in 5 with ANZ

Friday: Mixed US economic signals as oil drops

NOV 21, 20249 MIN

Description

Oil rises on an escalating conflict in Ukraine. US jobs and business confidence data is mixed. Australian housing affordability worsens again and New Zealand’s Treasury warns growth will be weaker than its May forecast and widen the budget deficit.

In our bonus deep dive interview, ANZ Commodity Strategist Soni Kumari explains why ANZ Research thinks gold will continue to attract demand despite recent price drops.


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