Friday: Rate cuts fire up NZ business confidence

US stocks are strong on more signs of a soft landing. NZ business confidence surges as rates are cut. Australian capital investment plans remain strong, and India’s GDP figures later today may send the Reserve Bank of India a dovish signal. In our bonus deep dive interview, ANZ Chief Economist for Greater China Raymond Yeung unpacks how changing global supply chains are driving capital outflows from China’s manufacturers. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/