Australia consumer sentiment falls to -5.2%
Australian consumer sentiment (actual) -5.2%, versus previous 6.0%. Forecast not provided.
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Australian consumer sentiment (actual) -5.2%, versus previous 6.0%. Forecast not provided.
Australia’s ASX 200 fell 88 points, or 1.0%, to 8,978 for a third straight day and a one-month low, as Wall Street extended declines amid renewed Middle East conflict and higher oil. Q2 GDP beat capped losses.
ASX 200 dropped 90 points, or 1.0%, to close at 9,038, extending prior losses as markets priced potential earlier RBA tightening. Declines were broad, with Westfarmers down 4.6% and BHP 1.5% lower.
Australia’s ASX 200 slipped 16 points, or 0.2%, to 9,054 on Wednesday, its sixth straight decline and a two-week low, as U.S. futures, oil, Treasury yields and chip stocks weighed on sentiment.
() -- The ANZ-Roy Morgan Australian consumer confidence fell 1.2 points to 74.7 in the week of June 29 to July 5, ANZ reported Tuesday. The four-week moving average rose 1 point to 73.5 points, per the report. Australian consumer confidence fell last week as households grew more pessimistic about the financial and econ
() -- Australian shares are poised to rise on Tuesday as easing oil prices and improving Middle East supply flows lift market sentiment, with crude settling near pre-Iran war levels after Saudi Arabia cut prices and the Organization of the Petroleum Exporting Countries approved higher output targets. Overnight, the S&P