The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
* Kiwi hit as some safe haven buying ensued post the Saudi Arabian attack
– With Trump’s “locked & loaded” suggesting retaliatory strikes loom
– US intelligence agencies say Iran was the staging ground, not Yemen…
– However Trump says diplomacy is “never exhausted” when it comes to Iran
* Oil up 14% and the question remains how long to repair and is there a new risk premium?
– No doubt local…