The US and Iran have agreed to a peace deal, and the news has brought some hope into the economy.

Oil prices have fallen about 4 percent since the countries announced an agreement to halt hostilities.

Brent crude is now trading at US$84 ($143) a barrel, off the back of a similar drop in prices on Friday.

Shane Solly from Harbour Asset Management unpacked the market reactions.

LISTEN ABOVE

The US and Iran have agreed to a peace deal, and the news has brought some hope into the economy.
Oil prices have fallen about 4 percent since the countries announced an agreement to halt hostilities.
Brent crude is now trading at US$84 ($143) a barrel, off the back of a similar drop in prices on Friday.
Shane Solly from Harbour Asset Management unpacked the market reactions.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Shane Solly: Harbour Asset Management expert on the market's response to the US-Iran peace deal

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/782e6340-636b-452c-8042-b46a007e9b71/transcript