Highs and lows from Middle East peace hopes
Hopes that the ceasefire will stick have pushed oil lower and equities higher. Close to new records. NAB’s Sally Auld joins Phil this morning.
NAB Morning Call · NAB - The Morning Call
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Wednesday 25th June 2025
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
Oil prices are back down near multi-year lows, so is the US dollar, whilst equities are bouncing higher and getting close to all-time highs. Infact that happened for several well-known tech stocks. NAB’s Sally Auld says it reflects an assumption that the worst of the Iran-Israel conflict is over, although a New York Times report this morning suggests the US bombing only put Iran’s nuclear program back a few months. Meanwhile America saw a collection of softer data prints, which pushed yields lower, but didn’t distract equity markets. Today, Australian CPI for May will be the focus.
Hosted on Acast. See acast.com/privacy for more information.