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Ratcheting Up

Tuesday 7th April 2026NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABTaylor Nugent joins Phil Dobbie to discuss the "ratcheting up" of geopolitical tensions as President Trump issues stark warnings and Iran threatens regional infrastructure while maintaining its closure of the Strait of Hormuz. Despite the escalatory rhetoric, global markets showed surprising resilience over the Easter long weekend, though oil remains elevated with Brent hovering near $110 a barrel. They also dissect the latest U.S. non-farm payrolls data, which surprised on the…

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