Economic Weekly: US and Iran reach a peace deal
- An announcement that the US and Iran have reached (but not yet signed) a peace deal on Monday morning NZT will continue to dominate news flows
- There is a distinct risk-on tone in markets following the announcement, with commodity currencies higher, yields lower and oil prices have fallen on the market open
- Crucial for New Zealand, and the wider global economy, is the agreement includes immediately re-opening the Strait of Hormuz
Contact us
Mark Smith
Senior Economist
Mark joined ASB in 2017, with over 20 years of public and private sector experience working as an economist in New Zealand and the UK.
His resume includes lengthy stints at ANZ and the Reserve Bank of New Zealand, and he has also worked at the Bank of England, HM Treasury and the New Zealand Transport Agency. Mark's areas of specialisation include interest rate strategy, macro-economic analysis and urban economics.
Born and bred in the Waikato, Mark studied at Waikato University where he graduated with a Master of Social Sciences, majoring in Economics.
Mark's key strengths are the ability to use his extensive experience, inquisitive nature, analytical ability, creativity and pragmatism to dig a little deeper and to deliver common sense solutions to tackle complex problems.
When not at work Mark likes to travel, keep fit and spend time with his friends and family.
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Email: Mark