Thursday: Oil falls on Middle East deal hopes

Thursday: Oil falls on Middle East deal hopes

May 20, 2026 · 8 min

About this episode

The episode discusses falling oil prices, rising stocks, and insights on the Yen from ANZ's Head of FX Research.

Oil falls and and stocks rise on Middle East peace hopes. Australia’s jobs data today will be closely watched by the RBA for weakness. And Bank Indonesia opts for a jumbo 50 basis point hike. In our deep-dive interview, ANZ Head of FX Research Mahjabeen Zaman says the Yen may not weaken much further from here, as long-dated Government bond yields rise and BoJ hikes come closer. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/

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