Wednesday: Oil rises on Hormuz fears

APR 28, 20269 MIN
5 in 5 with ANZ

Wednesday: Oil rises on Hormuz fears

APR 28, 20269 MIN

Description

Oil prices rise as the Strait of Hormuz remains shut, while stocks fall on AI fears. The Bank of Japan holds, but hawkishly. And Australian Q1 inflation today is set to back another hike by the RBA. In our deep-dive interview, ANZ Economist Bansi Madhavani assesses the likelihood of a Bank of Japan rate hike in June. Before accessing this podcast, please read the disclaimer at ⁠https://www.anz.com/institutional/five-in-five-podcast/⁠