[CALENDAR ADDITION] US President Trump is to meet with US travel executives at 13:30EDT/18:30BST on Wednesday
A meeting of this kind slots into the established pattern of White House industry roundtables, which in past episodes of this presidency have tended to precede or follow policy announcements touching the sector rather than serve as purely ceremonial engagements.
US official said around 40 ships transited in and out of the Strait of Hormuz on Tuesday, carrying millions of barrels of oil, according to Axios
RBNZ raised the OCR by 25bps to 2.75%, as expected, while the Committee judges that gradually removing monetary stimulus is appropriate to return inflation to the 2% target mid-point while supporting growth and employment
[CALENDAR ADDITION] US President Trump is to meet with US travel executives at 13:30EDT/18:30BST on Wednesday
New Zealand RBNZ Interest Rate Decision 2.75% vs. Exp. 2.75% (Prev. 2.50%)
[MARKET ANALYSIS] Oil prices continue to climb following the US-Iran geopolitical escalation
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Travel executives span airlines, hotels, cruise operators and booking platforms, so the read-through differs by subsector: carriers key on fleet, tariff and labour commentary, while hotel and cruise names respond more to anything on international inbound demand, visa policy or border enforcement. The tell is whether a readout, executive order or tariff carve-out follows within days, since prior meetings with industry groups have often been staged immediately ahead of such releases. Airline and cruise equity has historically traded headline-sensitive around presidential commentary on the sector, with moves fading when nothing concrete emerges. Worth noting that calendar additions with short notice have in this administration tended to carry more news risk than standing events. As a calendar entry rather than a decision, the signal is low-conviction until remarks or a readout cross.
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