About this episode

The episode discusses the impact of Donald Trump's decision to call off air strikes on Iran on oil prices and US stocks, along with an analysis of Australia's agribusiness outlook.

Oil prices fall 3% and US stocks bounce after Donald Trump calls off fresh air strikes on Iran, and says Iran’s leaders have approved an unspecified deal. And the European Central Bank hikes rates, as expected. In our deep-dive interview, ANZ Head of Agribusiness Mark Bennett analyses the outlook for Australia’s beef and sheep sectors as winter sets in. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/

People in this episode

Host: ANZ

Guest: Mark Bennett

Topics covered

• oil prices
• US stocks
• Iran
• European Central Bank
• Australia's agribusiness
• beef sector
• sheep sector

Keywords

• oil prices
• Trump
• Iran
• European Central Bank
• Australia
• beef
• sheep
• stocks
• agribusiness

Mentioned in this episode

Organizations: European Central Bank

Places: Iran, Australia

More episodes of 5 in 5 with ANZ

• Thursday: US core CPI indicates weak demand · June 10, 2026 · 10 min
• Wednesday: Markets volatile before US CPI data · June 9, 2026 · 10 min
• Tuesday: Stocks bounce, but oil up as conflict resumes · June 8, 2026 · 8 min

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