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White House National Economic Council Director Hassett: Traffic in the Strait of Hormuz has picked up again after some fluctuations.

2026-07-01

White House National Economic Council Director Hassett: Traffic in the Strait of Hormuz has picked up again after some fluctuations.

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2026-07-01

ANZ economist Sharon Zollner expects the RBNZ to prioritize risk management at next week’s policy meeting and raise the official cash rate by 25bps. She says the OCR remains roughly 75bps below the RBNZ’s central estimate of neutral and that, with a

ANZ economist Sharon Zollner expects the RBNZ to prioritize risk management at next week’s policy meeting and raise the official cash rate by 25bps. She says the OCR remains roughly 75bps below the RBNZ’s central estimate of neutral and that, with a supportive economic backdrop, a softer-than-expected NZD and inflation likely to stay above target for some time, a rate hike would be prudent.
2026-07-01

U.S. EIA gasoline production for the week to June 26 rose 481,000 b/d; prior week -588,000 b/d.

U.S. EIA gasoline production for the week to June 26 rose 481,000 b/d; prior week -588,000 b/d.
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