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Highs and lows from Middle East peace hopes

Highs and lows from Middle East peace hopes

Season 9 Episode 136 Published 6 months, 3 weeks ago
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Wednesday 25th June 2025


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Oil prices are back down near multi-year lows, so is the US dollar, whilst equities are bouncing higher and getting close to all-time highs. Infact that happened for several well-known tech stocks. NAB’s Sally Auld says it reflects an assumption that the worst of the Iran-Israel conflict is over, although a New York Times report this morning suggests the US bombing only put Iran’s nuclear program back a few months. Meanwhile America saw a collection of softer data prints, which pushed yields lower, but didn’t distract equity markets. Today, Australian CPI for May will be the focus.


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