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The conflict in the Middle East is threatening to blow out again with Saudi led forces reportedly intercepting Houthi missiles and drones. Growing concerns for restrictions through the Strait of Hormuz are threatening to effect oil supplies and oil costs.
Read more →Israel and US militaries are planning to strike Iran post the US midterms with Iran threatening wider retaliation, oil will no doubt be the loser putting further pressures on energy prices.The CAD has been the best performing currency this week on the main board while the AUD is the worst performer.
Read more →Civil unrest in France with riots in many regions saw the Euro (EUR) open the week lower. The British Pound (GBP) was the best performing currency last week on the main board while the Australian Dollar (AUD) was the worst performer.
Read more →Crude oil rallied to its highest price since September in Monday trading reaching 99.40 per barrel with Middle East tensions the source of broad support. The AUD was the best performing currency last week on the main board while the EUR is the worst performer.
Read more →The ongoing energy/inflation emergency rolls on, building into a full-blown economic crisis in Europe. Inflation has caused havoc on international bond markets, already under extreme pressure from perpetual deficits/debt, leading to probable fiscal catastrophe.
Read more →The strongest G10 board currency over the past week has been the Canadian Dollar (CAD) while the worst performing currency is the Australian Dollar (AUD).
Read more →New Zealand Dollar tracks lower and New Zealand Consumer Confidence edged lower to 97.6 from 98.0 as Oil and inflation expectations weighs.
Read more →Discussions on re-opening the Strait of Hormuz between Washington and Tehran have been held with arrangements of a phased arrangement. Neither side however want to surrender leverage.
Read more →Daylight Saving Time Shift in New Zealand this weekend. Clocks forward. Trump is hosting Xi at the White House at the moment over 3 days. The Chinese president was welcomed by a military flyover before agreeing to extend their one-year trade truce by two months.
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