Tuesday: Markets tight ahead of US CPI

Markets are holding tight ahead of US price data. Australian business condition fall is ok for the RBA. India’s food prices rise, but inflation close to forecast. There was good and bad news on New Zealand’s inflation front. In our bonus deep dive interview, ANZ Chief Economist for Greater China Raymond Yeung says the Chinese Politburo’s recent shift on property policy shows authorities are facing up to the reality of high inventories and low demand.  Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/