The Waiting Game

NAB Morning Call · May 7, 2026 · 16m

Friday 8th May 2026NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABOil has been down, then up. Equiites have been just as volatile. As NAB’s Gavin Friend discusses with Phil, markets are struggling to find direction as headlines paint an uncertain picture in the Middle East. On the positive side there are reports that Iran will surrender some of its enriched uranium, but also speculation that Iran is insisting on charges for passage through the Strait, and a Wall Street report that the US is set to resume Operation Freedom. Meanwhile, a lot of the…