Monday: Oil & US$ stronger as Gaza invasion nears

Oil prices are up sharply this morning on signs Israeli troops will advance into Gaza within hours. A flight to safer assets is strengthening the US$ vs the Aussie and Kiwi dollars, while the yen is weak at 149.59/$. In our bonus deep-dive interview, ANZ Group’s Chief Economist Richard Yetsenga reviews the Fed’s recent comments, previews the week ahead and analyses changing investment flows in Asia. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/