Thursday: Fed rate cut bets pushed out

Fed rate cut bets are pushed out ahead of US economic and price data. Australian inflation was stronger-than expected in April, while construction fell surprisingly in Q1. Vietnam’s CPI is on the rise, and it’s Budget Day in New Zealand.

In our bonus deep dive interview, ANZ Senior China Strategist Zhaopeng Xing explains why moves in recent days to loosen home buying rules in China’s largest cities will do little to prop up demand.

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