Thursday: Soft US data supports rate cut bets

Expectations the Fed will cut in September firm after softer US jobs and services data; Australia’s retail sales and building approvals are surprisingly strong; China’s services growth weakens, while price pressures fall in Japan. In our bonus deep dive interview, ANZ Head of FX Research Mahjabeen Zaman analyses how the pound might react under different British election result scenarios. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/