Strait Talking

Tuesday 16th June 2026NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere’s been a sharp market response to the apparent agreed memorandum of understanding, electronically signed by Iran and the US, with a formal signing ceremony in Switzerland on Friday. NAB’s Ken Crompton joins Phil to look at the market response, with yields falling, equities rising, the Aussie dollar gaining ground and oil prices plummeting. It’s the closest we’ve been to a deal yet, but it doesn’t resolve any of the underlying issues, of course, and ships having started passing through the Strait in any great number just yet. It’s also the start of a flood of central bank meetings, starting with the RBA (likely on hold) and the BoJ (expected to raise rate). Plus a chunk of activity data for China released today. Hosted on Acast. See acast.com/privacy for more information.