Oil prices surge 5% to two-week highs after the United States sanctions Russian oil exports. Gold rises too. Markets will focus tonight on delayed US inflation data the Fed watches closely. And inflation in Singapore is surprisingly strong.In our Deep-Dive interview, ANZ Economist Dhiraj Nim tracks how India’s exchange rate has depreciated this year, as a US trade deal potentially draws nearer.Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/