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Fed more certain, Gulf more unsettled

Friday 5th June 2026NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABA blowout U.S. non-farm payrolls report has injected definitive hawk-ish certainty into central bank paths, while a hyper-volatile tit-for-tat missile exchange between Israel and Iran leaves the outlook for the Gulf structurally unsettled. Phil and NAB’s Rodrigo Catril work through the geopolitical and data crosscurrents, noting that while global oil prices spiked past $98 a barrel during the weekend combat before settling back to $94, prediction markets continue to aggressively…

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