Jason Wong

Risk sentiment has weakened with only bad news from the Middle East conflict and the Strait of Hormuz remaining effectively closed. Oil prices higher, US equities weaker, US rates higher and the USD is broadly stronger

Risk sentiment has weakened with only bad news from the Middle East conflict and the Strait of Hormuz remaining effectively closed. Oil prices higher, US equities weaker, US rates higher and the USD is broadly stronger

Oil pushes higher as the markets await fresh developments in the Mid-East, after the lack of peace talks and an extension of the ceasefire. US equities stronger, ignoring the doomsday scenario of a prolonged disruption of oil supply

Oil pushes higher as the markets await fresh developments in the Mid-East, after the lack of peace talks and an extension of the ceasefire. US equities stronger, ignoring the doomsday scenario of a prolonged disruption of oil supply

Risk sentiment weaker with doubt over US-Iran peace talks. Brent crude close to USD100. US and European equities weaker. Global rates higher, with 'strong' US retail sales adding to upside pressure on US Treasury yields

Risk sentiment weaker with doubt over US-Iran peace talks. Brent crude close to USD100. US and European equities weaker. Global rates higher, with 'strong' US retail sales adding to upside pressure on US Treasury yields

Market reaction well-contained even with rising tensions in the US-Iran conflict. Strait of Hormuz to remain closed until a peace deal is signed. US equities show modest fall, little change in US Treasuries and currencies

Market reaction well-contained even with rising tensions in the US-Iran conflict. Strait of Hormuz to remain closed until a peace deal is signed. US equities show modest fall, little change in US Treasuries and currencies

Friday headlines drove investors into believing the US-Iran conflict is nearing an end (spoiler: the Strait of Hormuz is not open.) Currency market not sucked into the rhetoric. USD weakness reverses

Friday headlines drove investors into believing the US-Iran conflict is nearing an end (spoiler: the Strait of Hormuz is not open.) Currency market not sucked into the rhetoric. USD weakness reverses

US-Iran two-week ceasefire holding and Trump says no need to extend it as he predicts a resolution 'fairly soon'. Market trading more cautiously; Brent crude back up near US$100 per barrel; US rates push higher

US-Iran two-week ceasefire holding and Trump says no need to extend it as he predicts a resolution 'fairly soon'. Market trading more cautiously; Brent crude back up near US$100 per barrel; US rates push higher

Risk sentiment higher as investors see light at the end of the tunnel, even if uncertainty remains. NZ rates higher with further follow-through post the RBNZ hawkish-tinged update

Risk sentiment higher as investors see light at the end of the tunnel, even if uncertainty remains. NZ rates higher with further follow-through post the RBNZ hawkish-tinged update

Markets embrace US-Iran two-week ceasefire deal, even though it appears shaky. Bombing continues and Strait of Hormuz remains effectively closed. Additional support for NZD following more hawkish tone adopted by the RBNZ

Markets embrace US-Iran two-week ceasefire deal, even though it appears shaky. Bombing continues and Strait of Hormuz remains effectively closed. Additional support for NZD following more hawkish tone adopted by the RBNZ

After a horrid March, risk sentiment is ending the month on a more positive note, on hope that the war can end soon. But on the battleground nothing much has changed. US equities surge, global rates lower, oil lower

After a horrid March, risk sentiment is ending the month on a more positive note, on hope that the war can end soon. But on the battleground nothing much has changed. US equities surge, global rates lower, oil lower

Iran conflict developments haven't improved, with Trump repeating his threat to obliterate Iranian infrastructure unless the Strait of Hormuz is reopened. Market further unwinds Fed hike bets; Chair Powell reiterates policy on hold

Iran conflict developments haven't improved, with Trump repeating his threat to obliterate Iranian infrastructure unless the Strait of Hormuz is reopened. Market further unwinds Fed hike bets; Chair Powell reiterates policy on hold

Risk sentiment weaker, as investors lose hope of resolution to the Iran conflict which continues unabated as Brent crude probes US$109 level. Global equities weaker and global rates higher. Norway's central bank pivots

Risk sentiment weaker, as investors lose hope of resolution to the Iran conflict which continues unabated as Brent crude probes US$109 level. Global equities weaker and global rates higher. Norway's central bank pivots

News coming out of the Middle East still seems to be mostly bad. US equities are weaker, US rates are higher and the NZD has fallen. Oil price rising

News coming out of the Middle East still seems to be mostly bad. US equities are weaker, US rates are higher and the NZD has fallen. Oil price rising

Big turnaround in markets after Trump backs down. Whatever the truth over competing claims, equities bounce back, global rates fall, oil tumbles

Big turnaround in markets after Trump backs down. Whatever the truth over competing claims, equities bounce back, global rates fall, oil tumbles

Markets calm overnight, as prior day's lift in risk appetite is sustained. Oil prices range bound. RBA hikes 25bps to 4.1% and Governor Bullock gives a hawkish update

Markets calm overnight, as prior day's lift in risk appetite is sustained. Oil prices range bound. RBA hikes 25bps to 4.1% and Governor Bullock gives a hawkish update

Risk appetite is higher on optimism that the worst is over in the Iran conflict, while the reality is that nothing much has changed on the battleground. Brent crude falls to just over US$100/bbl. IEA says more emergency oil stocks available if required

Risk appetite is higher on optimism that the worst is over in the Iran conflict, while the reality is that nothing much has changed on the battleground. Brent crude falls to just over US$100/bbl. IEA says more emergency oil stocks available if required