Wednesday: A$ & NZ$ slide after Trump tariff threat

Markets wobble after Trump threatens 25% tariffs on imports from Mexico and Canada, which forced the Aussie and Kiwi dollars down to near one-year lows. The RBNZ is expected to cut by 50 bps and the RBA is watching for disinflation progress. In our bonus deep dive interview, ahead of today’s RBNZ decision, ANZ Senior Economist Miles Workman analyses last week’s growth warning from the New Zealand Treasury. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/