Helicopter oil money, and hike-free RBA?
Wednesday 10th June 2026NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere hasn't been a strong market reaction to the downing of a US helicopter near the Strait of Hormuz yesterday, even though Donald Trump has talked retaliation. Instead, markets seem to have focused more on the fact that some oil tankers have successfully made their way through and that Kuwait has been actively selling oil to refineries. Meanwhile NAB has revised its expectations for the RBA and doesn't see any rate hikes this year with the next move likely to be down. NAB’s…
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