ECB

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

Risk sentiment stabilises with US and European equities rebounding. Oil prices pulled back from recent highs as the US signalled possible measures to ease Middle East supply risks. US services ISM surprised to the upside

Risk sentiment stabilises with US and European equities rebounding. Oil prices pulled back from recent highs as the US signalled possible measures to ease Middle East supply risks. US services ISM surprised to the upside

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

US-Israeli strikes on Iran have increased geopolitical uncertainty, pointing to higher oil prices and renewed demand for safe‑haven assets. Banks under pressure on private credit concerns. 10Y US treasuries trade towards the low point from October

US-Israeli strikes on Iran have increased geopolitical uncertainty, pointing to higher oil prices and renewed demand for safe‑haven assets. Banks under pressure on private credit concerns. 10Y US treasuries trade towards the low point from October

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

Buoyant risk sentiment supports global equities ahead of key Nvidia results. Yen weakens and JGB curve steepens after the government nominated two dovish-leaning policy board members

Buoyant risk sentiment supports global equities ahead of key Nvidia results. Yen weakens and JGB curve steepens after the government nominated two dovish-leaning policy board members

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

US equities rise on the prospect of relief from landmark tariff decision. US Treasury yields edge higher and curve steepens

US equities rise on the prospect of relief from landmark tariff decision. US Treasury yields edge higher and curve steepens

Crude oil prices higher amid rising geopolitical tensions in the Middle East. US equities slip. US Treasury yields unchanged, US dollar is marginally firmer

Crude oil prices higher amid rising geopolitical tensions in the Middle East. US equities slip. US Treasury yields unchanged, US dollar is marginally firmer

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

Benign US CPI data supports a decline in US treasury yields. US equities were stable after the previous session's AI-driven selloff. Currency markets subdued

Benign US CPI data supports a decline in US treasury yields. US equities were stable after the previous session's AI-driven selloff. Currency markets subdued