Thursday: UK and NZ inflation concerns

Sticky UK inflation has dashed mid-year rate cut hopes. Strong domestic inflation in New Zealand is a concern for the central bank, but the ECB looks on track to start rate cuts in June. Oil is down 3% on global demand concerns. In our bonus deep dive interview, ANZ’s Head of FX Research Mahjabeen Zaman details four reasons why the US dollar has been so strong in recent weeks. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/