Stuart Ritson

Oil prices surged after Trump said ceasefire with Iran was over. Weaker risk sentiment weighed on global equities. Bond yields rose as markets priced additional ECB tightening. Currencies subdued despite volatility in other markets

Oil prices surged after Trump said ceasefire with Iran was over. Weaker risk sentiment weighed on global equities. Bond yields rose as markets priced additional ECB tightening. Currencies subdued despite volatility in other markets

Continued volatility in technology stocks contributed to a softer tone across global equities. Attacks on shipping in the Persian Gulf underpinned a rise in oil prices. Global bond yields moved higher

Continued volatility in technology stocks contributed to a softer tone across global equities. Attacks on shipping in the Persian Gulf underpinned a rise in oil prices. Global bond yields moved higher

US equities rose as investors returned from their long weekend. Services activity expanded at a slightly slower pace in June, according to the ISM survey. FX and rates markets were subdued

US equities rose as investors returned from their long weekend. Services activity expanded at a slightly slower pace in June, according to the ISM survey. FX and rates markets were subdued

Market participants remain alert to the risk of intervention to support the yen, which has increased the cost of protection. European stocks advanced, with the Euro Stoxx reaching an all-time high. FX and rates markets saw only modest moves

Market participants remain alert to the risk of intervention to support the yen, which has increased the cost of protection. European stocks advanced, with the Euro Stoxx reaching an all-time high. FX and rates markets saw only modest moves

Weaker-than-expected US payrolls growth supported a rally in front-end rates. The US dollar weakened, with the yen outperforming after authorities signaled a new intervention strategy. Equities declined, led by technology stocks

Weaker-than-expected US payrolls growth supported a rally in front-end rates. The US dollar weakened, with the yen outperforming after authorities signaled a new intervention strategy. Equities declined, led by technology stocks

Global asset markets saw only modest moves. Fed Chair Warsh said inflation risks had eased since the last FOMC meeting. Softer-than-expected euro area CPI weakened the case for further ECB hikes

Global asset markets saw only modest moves. Fed Chair Warsh said inflation risks had eased since the last FOMC meeting. Softer-than-expected euro area CPI weakened the case for further ECB hikes

The yen remains under pressure, falling to fresh multi-decade lows against the US dollar. Outside of the yen, G10 currencies generally firmer, with the NZD outperforming. Treasury yields are marginally higher

The yen remains under pressure, falling to fresh multi-decade lows against the US dollar. Outside of the yen, G10 currencies generally firmer, with the NZD outperforming. Treasury yields are marginally higher

US equities make solid gains, with the S&P up more than 1%. Rates markets were broadly stable. The US dollar weakened against European currencies, while the yen fell to its lowest level against the US dollar since 1986

US equities make solid gains, with the S&P up more than 1%. Rates markets were broadly stable. The US dollar weakened against European currencies, while the yen fell to its lowest level against the US dollar since 1986

Oil prices fall despite ongoing tensions between the US and Iran. An escalation over the weekend could further threaten the ceasefire. Currency and rates markets little were changed. NZD/USD remains near multi-month lows

Oil prices fall despite ongoing tensions between the US and Iran. An escalation over the weekend could further threaten the ceasefire. Currency and rates markets little were changed. NZD/USD remains near multi-month lows

Brent crude prices dip towards US$78 per barrel on US-Iran talk optimism. US Treasury agrees a temporary waiver on Iran oil sanctions

Brent crude prices dip towards US$78 per barrel on US-Iran talk optimism. US Treasury agrees a temporary waiver on Iran oil sanctions

A delay to US-Iran negotiations weighed on risk appetite and supported oil prices. NZD/USD saw only a limited recovery after falling to two-month lows. NZD was weaker on the crosses

A delay to US-Iran negotiations weighed on risk appetite and supported oil prices. NZD/USD saw only a limited recovery after falling to two-month lows. NZD was weaker on the crosses

Hawkish hold by the US Federal Reserve at Kevin Warsh’s first meeting as chairman. Front end US Treasury yields higher supporting the US dollar. US retail sales stronger than expected

Hawkish hold by the US Federal Reserve at Kevin Warsh’s first meeting as chairman. Front end US Treasury yields higher supporting the US dollar. US retail sales stronger than expected

Oil prices continue to tumble, ahead of the official signing of a US-Iran peace deal, seeing Brent crude trade down to USD79 per barrel; Iranian oil on the move already. BoJ rate hike and steady RBA policy both as expected

Oil prices continue to tumble, ahead of the official signing of a US-Iran peace deal, seeing Brent crude trade down to USD79 per barrel; Iranian oil on the move already. BoJ rate hike and steady RBA policy both as expected

US-Iran MOU signed electronically, paving the way for the Strait of Hormuz to gradually reopen. Brent crude falls to US$83/bbl; solid gains in many equity markets. Muted reaction for bonds and currencies

US-Iran MOU signed electronically, paving the way for the Strait of Hormuz to gradually reopen. Brent crude falls to US$83/bbl; solid gains in many equity markets. Muted reaction for bonds and currencies

Hopes for diplomatic breakthrough to de-escalate conflict support equities. Oil prices swing but ultimately extend recent decline and reach lowest since mid-April. Conflicting narratives suggest ongoing uncertainty about the proposed US-Iran deal

Hopes for diplomatic breakthrough to de-escalate conflict support equities. Oil prices swing but ultimately extend recent decline and reach lowest since mid-April. Conflicting narratives suggest ongoing uncertainty about the proposed US-Iran deal