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Latest Analysis
RBA's inflation worry
17 March, 2026
• Improved mood. Despite ongoing Middle East issues & high oil prices risk sentiment has improved. Softer USD & a RBA hike supports the AUD.• RBA hikes. Another 25bp rate rise delivered yesterday....
RBA: Inflation battle continues
17 March, 2026
After being ‘strategically timid’ during its last tightening cycle the RBA looks to be taking fewer chances when it comes to its renewed battle against inflation with another 25bp rate hike announced today....
Dollar firms as Iranian attacks intensify
17 March, 2026
Good morning. The dollar is recovering from yesterday’s losses as crude prices ricochet higher following a series of Iranian strikes on energy infrastructure in the Persian Gulf and near the Strait...
Markets reverse higher as Strait of Hormuz blockage shows signs of easing
16 March, 2026
There was lots of drama over the weekend. Sinners. One Battle After Another. A Shakespearean tragedy. The Secret Agent. Mr Nobody Against Putin. And that was just the Middle East — the Oscars were on too.
Markets...
Middle East & RBA in focus this week
15 March, 2026
• Market nerves. Higher oil prices & Middle East developments dampened risk sentiment on Friday. USD firmer. NZD & AUD underperform.• Macro events. Central banks in the spotlight this week. High...
Dollar powers higher as conflict stretches on
13 March, 2026
The Federal Reserve’s preferred inflation measure landed in line with expectations in January, but left markets mostly unmoved, given that it predated the Iran conflict and was stale on arrival....
Oil prices still dictating terms
12 March, 2026
• Oil jolt. Another jump in oil prices weighed on sentiment. Equities lower, USD firmer. NZD weaker. AUD underperforms after its strong run.• Twists & turns. Markets pricing a supply risk premium in...
Stale data shows US inflation pressures easing to a five-year low
11 March, 2026
Inflation slowed in the United States last month—before the war in Iran sent oil prices spiralling higher and triggered a sharp reappraisal of the Federal Reserve’s expected policy path. According to data...
Oil volatility & AUD outperforms
10 March, 2026
• Oil swings. Pull-back in oil prices has supported risk sentiment. Will it last? Situation in Middle East remains fluid. More volatility likely over period ahead.• RBA Hawks. AUD/USD at top of its range....
Markets poised to unwind war premium as Trump signals Iran endgame
09 March, 2026
Crude oil benchmarks are under intense selling pressure and currency markets are reversing direction after US president Donald Trump told CBS News “I think the war is very complete, pretty much”.
Trump...