Wednesday: A$ slides to March 2020 lows

The Australian and New Zealand dollars weakened sharply overnight against ‘King US Dollar’, which was helped by stronger-than-expected US factory output data lifting bond yields. In our bonus deep-dive interview, ANZ’s Chief Economist for Southeast Asia and India, Sanjay Mathur unpacks the rebound in consumer spending in the region after Covid. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/