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Australian shares were expected to tick down at open on Friday, weighed by possible losses in heavyweight miners as copper prices lost their sheen, while potential gains in energy stocks could temper some weakness on higher oil prices.The local share price index futures (YAPcm1) fell 0.3%, a 7-poin…
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
Australian shares are likely to open slightly lower on Monday after risk appetite was dampened by headlines from the Middle East, with Iran and the United States exchanging fresh threats over the weekend. The local share price index futures fell 0.7%, a 20.2-point discount to the underlying S&P/ASX 200 index close. New
Australian shares are likely to open slightly lower Monday after risk appetite was dampened by fresh Middle East headlines. Share index futures (YAPcm1) fell 0.7%, a 20.2-point discount to the underlying. NZ50G was also described as down.
Global equity markets closed mixed, with Europe down and Wall Street ending a volatile week with modest gains. US Treasury yields topped 5%, while Brent crude remained above $100. Asian markets showed mixed performance.
Australian shares were expected to open lower on Tuesday, likely weighed by mining and gold stocks on the back of weaker commodity prices, while a spike in oil prices and hotter U.S. inflation data firmed Federal Reserve rate hike bets.The local share price index futures (YAPcm1) fell 0.1%, a 0.2-p…
Australian shares are expected to open little changed, with mining losses offsetting gains in energy as renewed U.S.-Iran strikes lift oil prices. NZ is set lower.