The report highlights escalating conflict in the Middle East and its potential market impact, alongside a focus on the Federal Reserve's data-dependent monetary policy path.
Key Takeaways
- 1.Middle East tensions escalated after the US struck Iranian targets and Iran responded in the Strait of Hormuz.
- 2.The US Federal Reserve remains data-dependent with market expectations pricing in a ~25% chance of a July hike.
Table of Contents
- Highlights
- Data and events today
- Financial markets
- Global markets overview
- Key data and events
- Key themes and views
- Market snapshot (07:15 NZ Time)
- Key data releases
- What's ahead today
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Authors
Miles WorkmanDavid CroyHenry Russell
Securities
S&P 500WTI Oil futures
Themes
Geopolitical InstabilityMonetary Policy
Regions
Middle EastEuropeUnited StatesIranNew Zealand
