ANZ CEO Nuno Matos warns of perilous conditions in global markets
ANZ chief executive Nuno Matos warned on Wednesday that global markets are in a 'dangerous situation' due to rising interest rates and record-high equity markets. He noted intense global competition for capital, particularly in AI and data centres, could lead to economic challenges. Matos emphasized that Australia is not likely heading into a recession despite these pressures.
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Summary by OZbrief Editorial · ABC News – Top stories · Source
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Published 12 Nov 2026, 04:09 UTC · Updated 12 Nov 2026, 04:20 UTC
Summary by OZbrief Editorial. Original report: ABC News – Top stories. Editorial policy · Corrections
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