Markets were in wait-and-see mode regarding the recent escalation in US-Iran tensions. Improvements in global services PMIs helped underpin sentiment. The S&P500 recouped initial losses to be unchanged currently, while US bond yields are slightly higher and defensive currencies are slightly lower.

Markets were in wait-and-see mode regarding the recent escalation in US-Iran tensions. Improvements in global services PMIs helped underpin sentiment. The S&amp;P500 recouped initial losses to be unchanged currently, while US bond yields are slightly higher and defensive currencies are slightly lower.

7Jan

This is your daily morning briefing. With commentary and analysis from Westpac's Institutional Research team, Finance AM brings you insights on today's business news, the markets, FX and more. In one short bulletin, you'll get the heads up on what will drive markets in the day ahead. 

Any information provided in this podcast series is general in nature and has been prepared without taking into account any personal circumstances.

Business

This is your daily morning briefing. With commentary and analysis from Westpac's Institutional Research team, Finance AM brings you insights on today's business news, the markets, FX and more. In one short bulletin, you'll get the heads up on what will drive markets in the day ahead. Any information provided in this podcast series is general in nature and has been prepared without taking into account any personal circumstances.

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7Jan

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