Global equity markets rose alongside US Treasury yields as economic data signaled labor market stabilization. Meanwhile, energy markets remain focused on US-Iran peace talks in Doha.
Key Takeaways
- 1.Equity markets and bond yields rose on solid US economic data, while oil prices softened ahead of US-Iran negotiations in Doha.
- 2.US JOLTS job openings remained stable at 7594k in May, reinforcing the view of a stabilized but low-dynamism US labour market.
- 3.RBA Board minutes indicate a hawkish stance despite the decision to hold the cash rate at 4.35%.
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
- Change since 4pm last trading day
Document Preview
Access the Full Report
Get unlimited access to institutional research reports with a 14-day free trial.
Authors
Madeline DunkBrian MartinDaniel Hynes
Securities
S&P 500US 10y Treasury
Themes
Geopolitical risk in Middle East energyUS Labour Market stabilization
Regions
GlobalEuropeUnited StatesChinaAustralia