ANZ
June 30, 2026
Australian Morning Focus
Daily UpdateEquitiesRates Govt BondsCommoditiesEnergyMaterials
Global equity markets rallied while bond yields remained stable. Investors are closely monitoring Middle Eastern geopolitical risks following recent military clashes and legal developments regarding Federal Reserve governance.
Key Takeaways
- 1.Equity markets gained while bond yields remained largely stable in a quiet start to the week.
- 2.The US Supreme Court ruled against President Trump's attempt to immediately dismiss Fed Governor Lisa Cook.
- 3.Geopolitical tensions in the Middle East following an exchange of fire between the US and Iran have disrupted shipping through the Strait of Hormuz, driving oil and gas prices up.
Table of Contents
- Highlights
- Today (AEST)
- Global markets overview
- Data/event pulse
- Key themes and views
- Market at 6:45am today
- Key data releases
- What's ahead today
- Commodities
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Authors
Jack ChambersBrian MartinDaniel Hynes
Securities
S&P 500XAU
Themes
Fed IndependenceGeopolitical Risk
Regions
EuropeMiddle EastUnited StatesAustraliaChina
