Friday: Stocks surge & oil falls on peace deal report

MAY 21, 20269 MIN
5 in 5 with ANZ

Friday: Stocks surge & oil falls on peace deal report

MAY 21, 20269 MIN

Description

Stocks spike and oil prices fall in late trade on hopes for an Iran peace deal. Factory activity slumps in Britain & Europe, but is solid in the US, and Australia’s jobs market softens, which may allow the RBA to hold rates. In our deep-dive interview, ANZ Commodities Strategist Soni Kumari analyses some key shifts in the gold market. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/