Bank of New Zealand (BNZ)
June 29, 2026
Markets Today
Daily UpdateCommoditiesEquitiesFXEnergyFinancials
Global markets were volatile on June 29, 2026, influenced by Middle East geopolitical tensions and cooling sentiment in the technology sector. US Treasury yields remained low, and Fed commentary pointed toward potential rate hikes due to inflation.
Key Takeaways
- 1.Risk-sensitive assets faced pressure in Asia amid concerns over geopolitics in the Middle East and tech sector weakness.
- 2.Brent crude fell below $72 per barrel following tensions in the Strait of Hormuz, while US Treasuries remained steady.
- 3.Fed official Neel Kashkari signaled a potential shift toward a rate hike in 2026 due to broadening inflation pressures.
Table of Contents
- Events round-up
- Good morning
- Coming up
- NZD exchange rates
- NZD/USD Forward Points
- NZD/AUD Forward Points
- Contact Details
Document Preview
Access the Full Report
Get unlimited access to institutional research reports with a 14-day free trial.
Authors
Stuart Ritson
Securities
S&P 500Brent Crude
Themes
Geopolitical RiskInflationary PressuresMonetary Policy Normalization
Regions
GlobalAsia PacificMiddle EastUnited StatesIranJapan