Wednesday: Oil slides after OPEC cuts demand forecast

Global markets are mixed ahead of key US inflation data tonight. Oil slumps below US$70/bbl after a demand forecast downgrade. China’s exports jump, but sluggish imports highlight soft domestic demand. And Australia’s Stage 3 tax cuts do little to spur business or consumer confidence. In in part two of a bonus deep dive interview with Australia’s Group of 8 universities CEO Vicki Thomson at the ANZ-sponsored AFR Asia Summit, Vicki explains why Australia’s universities believe there are alternatives to the new international student cap being proposed. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/