Jason Wong

Weak investor sentiment amid ongoing conflict weighs on risk sensitive markets. Front end treasury yields higher. Market pricing indicates less than one Fed rate cut this year

Weak investor sentiment amid ongoing conflict weighs on risk sensitive markets. Front end treasury yields higher. Market pricing indicates less than one Fed rate cut this year

The IEA agreed to release 400m barrels from strategic oil reserves; small mercies whilst the Strait of Hormuz effectively remains closed; Brent crude trading near top of daily range. US CPI data in line, but US Treasury yields show steady grind higher

The IEA agreed to release 400m barrels from strategic oil reserves; small mercies whilst the Strait of Hormuz effectively remains closed; Brent crude trading near top of daily range. US CPI data in line, but US Treasury yields show steady grind higher

Risk sentiment has improved further following the tumble in oil prices, taking Brent crude to USD86 per barrel US Treasury yields show only small movement while European rates have played catch-up and are much lower

Risk sentiment has improved further following the tumble in oil prices, taking Brent crude to USD86 per barrel US Treasury yields show only small movement while European rates have played catch-up and are much lower

Risk sentiment improves considerably, with markets eyeing potential release of strategic oil reserves. US equities weaker, US treasury yields steadily fall overnight

Risk sentiment improves considerably, with markets eyeing potential release of strategic oil reserves. US equities weaker, US treasury yields steadily fall overnight

There is no sign of an end to the conflict in the Middle East; if anything, the conflict has extended across the region. Risk sentiment has soured. US Treasury yields push higher for a fourth consecutive day

There is no sign of an end to the conflict in the Middle East; if anything, the conflict has extended across the region. Risk sentiment has soured. US Treasury yields push higher for a fourth consecutive day

After initial caution, investors are take pessimistic view of the Mid-East conflict seeing less chance of a quick resolution. Global equities tumble; US Treasury yields a little higher while European rates are much higher on inflation concerns

After initial caution, investors are take pessimistic view of the Mid-East conflict seeing less chance of a quick resolution. Global equities tumble; US Treasury yields a little higher while European rates are much higher on inflation concerns

Market focus on Middle East. Brent crude up 6%. Gas prices surge. Equity markets mostly weaker, but US equities recover from initial hit. Initial safe haven bid for bonds quickly fades as inflation concerns dominate. USD broadly stronger

Market focus on Middle East. Brent crude up 6%. Gas prices surge. Equity markets mostly weaker, but US equities recover from initial hit. Initial safe haven bid for bonds quickly fades as inflation concerns dominate. USD broadly stronger

Negative risk vibe overnight. Weaker tech stocks drag down US equities despite strong Nvidia result. US Treasuries supported. Oil prices higher on war risk

Negative risk vibe overnight. Weaker tech stocks drag down US equities despite strong Nvidia result. US Treasuries supported. Oil prices higher on war risk

US 10% global tariff comes into effect; no sign yet of the threatened higher 15% rate. US equities have recovered some of yesterday’s losses. Global rates have shown only minor movements

US 10% global tariff comes into effect; no sign yet of the threatened higher 15% rate. US equities have recovered some of yesterday’s losses. Global rates have shown only minor movements

Risk sentiment weaker as markets digest the implications of the latest saga on Trump’s tariff policy. US equities down over 1%, with rotation towards defensive sector; US Treasury yields down 4-8bps Safe haven CHF and JPY currencies have outperformed

Risk sentiment weaker as markets digest the implications of the latest saga on Trump’s tariff policy. US equities down over 1%, with rotation towards defensive sector; US Treasury yields down 4-8bps Safe haven CHF and JPY currencies have outperformed

Oil prices up nearly +4% on US-Iran "agreement" doubts. US equities respond positively to stronger second-tier US economic data. US Treasury yields and USD nudge higher

Oil prices up nearly +4% on US-Iran "agreement" doubts. US equities respond positively to stronger second-tier US economic data. US Treasury yields and USD nudge higher

Choppy market conditions overnight but net movements modest. Oil prices are lower. US Treasury yields push higher after earlier falls as risk of war in the Middle East fades. Domestic focus on RBNZ MPS

Choppy market conditions overnight but net movements modest. Oil prices are lower. US Treasury yields push higher after earlier falls as risk of war in the Middle East fades. Domestic focus on RBNZ MPS

US equity futures flat, US Treasury futures slightly higher, implying further modest downward pressure on yields. BofA fund manager survey shows record short positioning for the USD

US equity futures flat, US Treasury futures slightly higher, implying further modest downward pressure on yields. BofA fund manager survey shows record short positioning for the USD

US equities fall by more than 1%, US Treasury yields lower on risk-off vibe. Yen and ultra-long JGBs continue to rally after Takaichi's big election win

US equities fall by more than 1%, US Treasury yields lower on risk-off vibe. Yen and ultra-long JGBs continue to rally after Takaichi's big election win

Stronger than expected US labour market figures all round - payrolls up 130k, unemployment rate drops to 4.3%. Market pares expected rate cuts this year, US Treasuries curve flattens

Stronger than expected US labour market figures all round - payrolls up 130k, unemployment rate drops to 4.3%. Market pares expected rate cuts this year, US Treasuries curve flattens