Bank of America bets on ‘outsized price movements’ in Australia’s bond market as investors rotate away from the U.S.
Strategists at the investment bank are forecasting a rise in demand for Australian debt.
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- How the Israel-Iran standoff took a turn and what's next after a pivotal 24 hoursIran's response will be watched by the rest of the world, especially among oil traders.
- NATO allies will pledge to hike defense spending – but will they deliver?NATO meets for its annual summit this week, and the U.S. is pushing for allies to sharply increase their defense spending to 5% of gross domestic product.
- Why global markets are brushing off U.S. strikes on IranInvestors are largely shrugging off escalations in the Middle East, with many strategists believing the conflict to be contained.
- European markets start the week lower as Middle East crisis worsensJoin CNBC for live updates on European markets.
- Dow futures slide as oil rises following U.S. bombing of Iran: Live updatesOn Saturday, the United States joined Israel's war against Iran after attacking three key Iranian nuclear sites.
- Iran’s parliament backs blocking Strait of Hormuz. Its closure will alienate Tehran furtherThe Straits are the only sea route from the Persian Gulf to the open ocean, and about 20% of the world's oil transits the waterway.