Thursday: Nasdaq hit by Trump comments

The Nasdaq is down almost 3%, especially its chip stocks, after Donald Trump said Taiwan should pay for its own defence. New Zealand’s soft inflation figures support earlier rate cuts. ANZ Research now sees a cut in November. In our bonus deep dive interview ANZ Senior Asia Rates Strategist Jennifer Kusuma analyses the risks to economic growth in Asia over the second half of the year. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/