The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
HEADLINES
* Saudis, “oil will be fully on line by the end of Sept”, 70% restored, Oil drops 6%
– No doubt a risk premium will remain with a potential US response awaited
– CBS reported, US have identified the exact location of the missiles, Southern Iran
* NZD and AUD eke out small gains despite poor NZ data and dovish RBA minutes
– NZ Consumer Confidence seven year low and RBA hurdle for…