Oil hits five-month high as markets weigh inflation risks
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…
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