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The Australian economy grew at an annual rate of 2.5% in the March quarter the same as the December quarter. The US Dollar (USD) has been the strongest performer this week on the main board while the Japanese Yen (JPY) was the worst performer 3 week’s running.
Read more →Iran has stopped all indirect communication with Washington as Iran forces are planning to completely block the Strait of Hormuz. Trump says this is false. The New Zealand Dollar (NZD) has been the strongest performer last week on the main board while the Japanese Yen (JPY) was the worst performer.
Read more →Iran and the US both reject deal – no “final deal” has been reached yet. The New Zealand Dollar (NZD) has been the strongest performer this week on the main board while the Japanese Yen (JPY) has been the worst performer.
Read more →Markets closed the week on a positive risk footing after progress in the US/Iran draft negotiations. Equity prices rallied and crude oil prices stabilised around $90 a barrel. Fed start to price in interest rate hikes from late 2026 early 2027 if inflation fails to balance out.
Read more →Risk appetite remains hit and miss this week as geopolitical headlines dictate central bank paths.The US Dollar (USD) and Australian Dollar (AUD) have been the strongest performers this week on the main board while the Japanese Yen (JPY) has been the worst performer.
Read more →Global oil stocks are rapidly depleting as the Iran war disruption persists. At the moment more than 23,000 Iran factories have been hit and over 1 million jobs lost with the UNDP (United Nations) suggesting up to 4M Iranians could drop into poverty as a direct result.
Read more →Markets are expecting a quiet week of economic data which usually means moves will be based on geopolitical headlines. The British Pound (GBP) is the strongest performer this week while the Japanese Yen (JPY) has been the worst performer.
Read more →Markets closed the New York session this morning in a cautionary mood with equities holding firm and geopolitics remaining in a fragile position with the standoff in the strait of Hormuz. The AUD has been the strongest performer this week while the USD has been the worst performer.
Read more →Traffic through the Strait of Hormuz is still very limited with the Crude Oil chokepoint still mostly closed. The ceasefire with Iran in place is at threat as President Trump announced plans to guide ships through the strait.
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