Oil hits five-month high as markets weigh inflation risks
SBS News In DepthPlay episode
Show notes
Oil reaches about US$114 a barrel as investors weigh inflation, interest rates and the Australian dollar.
Oil reached a five-month high near US$114 a barrel as the Australian sharemarket finished flat and the ASX 200 fell 0.1 per cent over the week. SBS Finance Editor Ricardo Gonçalves speaks with ANZ head of FX Strategy Mahjabeen Zaman about investor sentiment, bond yields, inflation, gold and the Australian dollar. The episode also explores Western Sydney International’s opening and the investment needed to support the region, with Professor Azadeh Dastyari of the Centre for Western Sydney at Western Sydney University.
In this episode
What higher oil prices could mean for inflation and interest rate expectationsWhy bond yields, gold and currencies are shaping investor sentimentHow the Australian dollar is responding to global uncertaintyWhat Western Sydney International could mean for the region’s economy and why ongoing investment mattersSBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.
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