Tuesday: Stocks bounce, but oil up as conflict resumes

JUN 8, 20268 MIN
5 in 5 with ANZ

Tuesday: Stocks bounce, but oil up as conflict resumes

JUN 8, 20268 MIN

Description

US stocks rebound overnight, but oil is slightly higher this morning after conflict between Iran and the US & Israel erupted again yesterday, although a cease fire is in place again now. And strong US jobs data shifts Federal Reserve rate expectations. In our deep-dive interview, ANZ’s Senior Asia Rates Strategist Jennifer Kusuma examines the slump in Indonesia’s rupiah to record lows in recent days. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/