Australia shares seen lower after oil futures spike
Australian stocks are expected to track U.S. equities lower after military strikes around the Strait of Hormuz spiked oil futures and bond yields. ASX futures are down 0.9% ahead of Wednesday’s session.
Australian stocks look set to follow U.S. equities lower after military strikes around the Strait of Hormuz caused a spike in oil futures and bond yields.
ASX futures are down by 0.9% ahead of Wednesday's session, suggesting that the S&P/ASX 200 is on course for a third consecutive decline.
The ben…