Jason Wong

Oil prices continue to fall. Lower oil prices pull down global rates. USD continues to strengthen, building on the gains since the Fed's hawkish hold last week. Other major currencies probe fresh lows

Oil prices continue to fall. Lower oil prices pull down global rates. USD continues to strengthen, building on the gains since the Fed's hawkish hold last week. Other major currencies probe fresh lows

Risk appetite weaker, linked to selling pressure across semi-conductor and AI-related stocks. Global equity markets fall. Move supports lower global rates, overpowering concern about prospect of tighter US monetary policy

Risk appetite weaker, linked to selling pressure across semi-conductor and AI-related stocks. Global equity markets fall. Move supports lower global rates, overpowering concern about prospect of tighter US monetary policy

US-Iran MOU signing has led to an earlier end to the conflict and a re-opening of Hormuz; oil and gas is flowing freely; Brent crude probing fresh 3-mth lows. US equities rebound. USD strength returns, sending DXY index to highest in over a year

US-Iran MOU signing has led to an earlier end to the conflict and a re-opening of Hormuz; oil and gas is flowing freely; Brent crude probing fresh 3-mth lows. US equities rebound. USD strength returns, sending DXY index to highest in over a year

Mixed messages from Middle East, with Trump dampening expectations for an imminent deal; Brent crude falls regardless. NZD and AUD the only notable FX movers after RBNZ's hawkish hold and softer Australian CPI data

Mixed messages from Middle East, with Trump dampening expectations for an imminent deal; Brent crude falls regardless. NZD and AUD the only notable FX movers after RBNZ's hawkish hold and softer Australian CPI data

Risk sentiment is softer as the market awaits progress on a US-Iran peace deal and after military clashes. NZD in steady fall in the lead-up to today's RBNZ MPS, matching lower domestic rates heading into the meeting

Risk sentiment is softer as the market awaits progress on a US-Iran peace deal and after military clashes. NZD in steady fall in the lead-up to today's RBNZ MPS, matching lower domestic rates heading into the meeting

Risk sentiment improved on hopes that the Middle East conflict is nearing an end, supported by signs of increased traffic through the Strait of Hormuz. Strong rally across bond markets with US 10-year rate down

Risk sentiment improved on hopes that the Middle East conflict is nearing an end, supported by signs of increased traffic through the Strait of Hormuz. Strong rally across bond markets with US 10-year rate down

Global bond selloff returns after a one-day pause; US 30-year rate hits highest level since 2007, joining other countries seeing multi-decade highs in long-term rates

Global bond selloff returns after a one-day pause; US 30-year rate hits highest level since 2007, joining other countries seeing multi-decade highs in long-term rates

Risk off with higher oil prices, higher global rates and weaker equity markets. US and Japan rates reach fresh milestone highs before moves fade. No developments to resolve the Mid East conflict

Risk off with higher oil prices, higher global rates and weaker equity markets. US and Japan rates reach fresh milestone highs before moves fade. No developments to resolve the Mid East conflict

US equities continue their record-breaking run, supported by retail sales data. There were no immediate market implications from the first day of the Trump-Xi summit. Oil prices are relatively steady

US equities continue their record-breaking run, supported by retail sales data. There were no immediate market implications from the first day of the Trump-Xi summit. Oil prices are relatively steady

Risk sentiment weaker; no fresh developments in the Middle East. Oil up. US CPI inflation up in April, which put upside pressure in US Treasury yields. Global forces drive up NZ rates

Risk sentiment weaker; no fresh developments in the Middle East. Oil up. US CPI inflation up in April, which put upside pressure in US Treasury yields. Global forces drive up NZ rates

Trump rejects Iran peace proposal. Brent crude settles around US$104, up 3% from last week's close. Global rates push higher with US 10-year rate at 4.40%. Little net change in G10 FX

Trump rejects Iran peace proposal. Brent crude settles around US$104, up 3% from last week's close. Global rates push higher with US 10-year rate at 4.40%. Little net change in G10 FX

Risk appetite soured overnight after reports of missile attacks in the Middle East, following Trump’s “Project Freedom” to help ships stuck in the region. Oil prices surged. Global rates are higher across the board; equities weaker

Risk appetite soured overnight after reports of missile attacks in the Middle East, following Trump’s “Project Freedom” to help ships stuck in the region. Oil prices surged. Global rates are higher across the board; equities weaker

Iran shows willingness to engage in talks and compromise, but Trump not satisfied with Iranian proposal; stalemate continues. Brent crude 5% lower at USD108, liking Iranian engagement; US equities rise to fresh record highs

Iran shows willingness to engage in talks and compromise, but Trump not satisfied with Iranian proposal; stalemate continues. Brent crude 5% lower at USD108, liking Iranian engagement; US equities rise to fresh record highs

US-Iran conflict remains in a stalemate. US equities buoyed by strong earnings, capping a strong month. Global rates fall; BoE and ECB on hold for now but rate hikes look imminent. US GDP up 2% annualised in Q1; labour market data signal turnaround

US-Iran conflict remains in a stalemate. US equities buoyed by strong earnings, capping a strong month. Global rates fall; BoE and ECB on hold for now but rate hikes look imminent. US GDP up 2% annualised in Q1; labour market data signal turnaround

Risk sentiment weakened after Hormuz will likely remain closed for some time. Brent crude surged, exceeding the March peak. Bank of Canada and Fed leave policy unchanged. Global rates are much higher while equities are softer

Risk sentiment weakened after Hormuz will likely remain closed for some time. Brent crude surged, exceeding the March peak. Bank of Canada and Fed leave policy unchanged. Global rates are much higher while equities are softer