# We are over it!

Page: https://stenobird.com/podcast/nab-morning-call-427359/we-are-over-it
Text version: https://stenobird.com/podcast/nab-morning-call-427359/we-are-over-it.md
Podcast: [NAB Morning Call](https://stenobird.com/podcast/nab-morning-call-427359)
Published: 2026-07-09T20:25:07+00:00
Episode link: https://shows.acast.com/morningcall/episodes/we-are-over-it
Audio file: https://sphinx.acast.com/p/open/s/631a89913c2be9001415dc41/e/6a5003a41c8f5a97d8e21dc6/media.mp3
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JSON: https://stenobird.com/v1/public/podcasts/nab-morning-call-427359/episodes/we-are-over-it
Duration seconds: 1027

## Resource

Friday 10th July 2026 NAB Markets Research Disclaimer   Financial Services Guide | Information on our services - NAB Hostilities continue to escalate in the Gulf yet oil prices have fallen and bond markets rallied. Are we over it? On today’s podcast NAB’s Sally Auld says markets are accepting there wil be low grade military action for some time to come, and oil will continue to trade in a quasi-equilibrium between $70 and $90. The Fed’s John Williams said overnight that he expects oil prices to fall as the year progresses, despite the rise in hostilities. He said he was more concerned about AI as a driver of inflation. Sally also talks to Phil about yesterday’s stellar manufacturing PMI and the fall in China’s inflation. Hosted on Acast. See acast.com/privacy for more information.

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## Transcript

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