Monday: Oil & US$ to rise as Strait closes again
About this episode
The episode discusses the expected rise in oil prices and the US dollar following the closure of the Strait of Hormuz by Iran, featuring insights from ANZ's Chief Economist.
Oil prices and the US dollar are expected to bounce in Asian trade this morning after Iran closed the Strait of Hormuz again and attacked two ships over the weekend. Markets are focused on peace talks due this week, and also global PMI data. In our deep-dive interview, ANZ Group Chief Economist Richard Yetsenga sees the latest back and forth in the Iran conflict as edging towards resolution. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/
More episodes of 5 in 5 with ANZ
- Tuesday: Oil up as focus turns to Bank of Japan
- Monday: Way cleared for Warsh to be Fed Chair
- Friday: Oil up as US & Iranian navies board ships
- Thursday: Oil up as Strait of Hormuz stays blocked
- Wednesday: Oil up as end of ceasefire looms
- Tuesday: End of ceasefire looms without deal
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