Freedom Replaced with Hope

About this episode

Phil Dobbie discusses the positive market sentiment driven by US-Iran peace talks and its implications on oil prices and trade surplus with guest Ken Crompton.

Thursday 7th May 2026 NAB Markets Research Disclaimer   Financial Services Guide | Information on our services -   NAB Markets are running on hope again today, with the US issuing a memorandum of understabd to Iran, with the hope that month long peace talks could be about to start. Presidnet Trump also cancelled Operation Freedom yesterday. Markets have taken this all as good news, even though the Straits remain closed and oil reserves continue to fall. NAB’s Ken Crompton joins Phil to talk through the positive market sentiment today, as well as delving into jobs numbers in the US and New Zealand. Australia’s trade surplus figures today will be impacted by the price of oil. That’s simple maths, says Ken.  Hosted on Acast. See acast.com/privacy for more information.

People in this episode

Host: Phil Dobbie

Guest: Ken Crompton

Topics covered

• market sentiment
• US-Iran relations
• oil prices
• trade surplus
• jobs numbers

Keywords

• market research
• peace talks
• oil reserves
• trade surplus
• jobs numbers

Mentioned in this episode

Organizations: NAB Markets, US, Iran

Places: Australia, New Zealand

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