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

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

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/f04a7f83-119e-4881-b51b-b46a007e96c2/transcript