Wednesday: USD nears 2024 lows

The US dollar weakened again overnight to near its low this year. Australia’s inflation figures today will be dominated by Government subsidies lowering electricity prices and there’s welcome news for the Bank of Japan in producer price inflation figures. In our bonus deep dive interview, ANZ’s Agriculture Economist Susan Kilsby explains what’s behind the rise in dairy prices recently, leading to ANZ Research to boost its NZ farmgate price forecast. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/