Keep pulling the thread on United Arab Emirates.
The UAE has been targeted by a new wave of drone and missile attacks originating from Iran.
The Reserve Bank of Australia is expected to continue raising interest rates to combat its pre-existing inflation problem, regardless of the impact of recent wars.
Russia's invasion of Ukraine created a larger shock to gas prices than the current ongoing war.
The current war has been more focused on oil prices compared to the gas price shock from the Russia-Ukraine conflict.
Westpac Economics uses scenario analysis to model the market-clearing price of oil based on underlying supply and demand, such as a potential closure of the Strait of Hormuz.
M&A activity in the US and Asia is currently much stronger and has delinked from the more muted levels seen in Australia.
Australia is considered an attractive market for offshore M&A buyers due to its strong rule of law and high level of market transparency.
The Australian stock exchange is characterized by a high concentration of banks and resources companies, with fewer technology and SaaS companies compared to the US market.