Tag
#iran-conflict
Markets
Yuan basket hits 2022 high as Asia haven flows build
Yuan basket strength is turning into an Asia haven trade as Iran-war risk reshapes flows and PBOC fixings signal comfort.
By Helena Brandt
Economy
Boston Fed's Collins warns Iran conflict will keep rates elevated into 2027
Boston Federal Reserve Bank President Susan Collins backed the FOMC's hawkish dissenters on Wednesday, warning that the Iran conflict is fuelling persistent inflation through energy-price shocks and that interest rates should stay on hold for an extended period.
By Helena Brandt
Economy
US mortgage rates rise to 6.43% as Iran conflict keeps bond yields elevated
The average 30-year fixed mortgage rate rose to 6.43 per cent as of May 7, extending a climb that began in March, as the Iran conflict and persistent inflation kept upward pressure on the 10-year Treasury yields that drive home-loan pricing.
By Helena Brandt
