Markets act as though Hormuz is settled

Markets act as though Hormuz is settled

May 5, 2026 · 6 min · Episode 1797

About this episode

The episode discusses the current state of markets in relation to the ongoing situation in Hormuz and various economic indicators from the US, Canada, and Singapore.

Hormuz still shut despite US claims. Dairy prices firm. US data mixed. Canada posts trade surplus. Singapore retail strong. RBA hikes as inflation rises.

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