Stagflation Fears Hammer Aussie Sharemarket

Stagflation fears hammer Aussie sharemarket

Australia’s sharemarket lost more than $100bn over the past week as markets fear the fallout of a prolonged Middle East conflict.

ASX sell-off intensifies as investors brace for oil shock

The local sharemarket has dropped 4 per cent from Monday’s record on fears the Middle East conflict will boost inflation and force the RBA to keep lifting rates.

$100 billion wiped off ASX boards this week as war shows no signs of easing

The Australian share market has fallen sharply with more than $100 billion wiped off the boards this week. Follow the latest updates in our live blog.

Scott Power: Healthcare struggles as markets turn risk-off

ASX health sector flat for the week, while the S&P/ASX 200 falls xx% as Middle East conflict takes a toll on global markets LTR Pharma completes recruitment for a phase II pharmacokinetic clinical study of erectile dysfunction treatment Spontan Neuren’s marketing partner Acadia Pharmaceuticals to challenge decision by European regulators to reject its Rett syndrome drug trofinetide Healthcare and life sciences expert Scott Power, who has been a…

ASX Has Its Worst Week Since 2022 as Stagflation Fears Hit

ASX Slides 4% for the Week as Oil Jumps and Sentiment Breaks The ASX 200 fell 1.2% to 8,829, taking losses for the week to around 4%. That marks the worst weekly performance since May 2022, when the RBA shocked markets with an unexpected rate rise. What makes this move stand out is how quickly…