Friday: Surprise rate cut in South Korea

Global markets are mixed, although tension is building around France’s budget crisis. The Bank of Korea unexpectedly cuts rates. Australian capital expenditure resumes growing, while New Zealand business confidence continues to firm. In our bonus deep dive interview, ANZ FX Analyst Kausani Basak reviews how Vietnam’s economy has rebounded from Typhoon Yagi and how its export sector could be affected by incoming US tariffs. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/