Tuesday: Euro falls on French budget woes

The Euro falls on growing concerns that France’s minority Government will face a no-confidence vote as it forces through a Budget bill. Australian retail sales are stronger than expected due to early discounting, and New Zealand building consents stabilise. In our bonus deep dive interview, ANZ’s Head of Asia Research Khoon Goh explains why he now expects a fifth consecutive year of depreciation for Asian currencies against the US dollar. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/