Stock markets were stable overnight although the volatility may be short-lived. The Reserve Bank of Australia opens up for a May rate cut, while tariff uncertainty starts to show through in Australian consumer confidence.In the second part of a bonus Deep Dive interview on the US dollar’s reserve currency status, ANZ’s Senior Rates Strategist Jack Chambers explains why the Aussie dollar’s relationship with the US dollar is so important for Australian pension funds. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/