New Zealand business outlook at 35.8 in April

Oil prices plunged 17% on ceasefire news, but fears of Strait of Hormuz disruption linger. Talks resume.

Banks rally 4% on Iran truce news; oil drops 17%. Fed rate cut hopes rise as inflation fears ease.

TMC stock plunged 25.5% on geopolitical risk, now down 56% from its high. High-risk, high-reward potential.

US crude cargoes into Europe traded $18–$20 above Dated Brent, implying $150+ prices despite ceasefire news. The spike highlights severe physical tightness, with supply disruptions and strong demand keeping crude markets under strain.

Macron backs Iran-US ceasefire, flags Hormuz and nuclear risks for lasting deal Macron’s endorsement of the ceasefire supports near-term risk sentiment, emphasis on Hormuz & unresolved nuclear issues signals downside

Trump eco adviser Hassett (remember him?) admits oil price spike will raise inflation Hassett then goes on to try to soften the blow with 'transitory'

Economic and event calendar in Asia Thursday, April 9, 2026. Eyes again on the war makers Nothing on the data agenda is likely to move markets too much upon release.