Tuesday: Markets wait on Powell, US CPI

Global markets are treading water this morning ahead of Congressional testimonies from Fed Chair Jay Powell and US CPI numbers. Meanwhile in Australia, housing lending dropped in May, dragged down by a sopping wet New South Wales. In our bonus deep dive interview, ANZ Economist Maddy Dunk explains why Western Australia is performing so well in ANZ’s Stateometer report. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/