Stalemate

Monday 13th April 2026NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABNAB’s Ken Crompton joins Phil to discuss the "stalemate" in the Middle East after ceasefire talks in Islamabad ended without resolution. The breakdown has led to a further escalation, with President Trump announcing a U.S. naval blockade of the Strait of Hormuz while Iran warns that any military approach to the waterway will be considered a breach of the standing agreement. It’s ecpcted markets will show signs of reversal from last week's brief optimism. They also discuss a jump in U.S. CPI driven by surging gasoline prices and an end to China’s deflationary PPI. Hosted on Acast. See acast.com/privacy for more information.