Iran Strikes Rattle ASX, Oil Prices
6 Articles
6 Articles
The ASX Today: Iran strikes weigh on tech, banks, & risk sentiment; investors Super Retail's super plan
Good afternoon and welcome to The ASX Today, I’m Seja Al Zaidi. It’s Thursday of Week 24, and today, the Aussie market traded lower as renewed U.S. strikes on Iran caused a bit of shaky investor sentiment. The market did recover well enough, though, from bigger losses earlier in the session. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more. At…
Oil prices rose in the last few hours as a result of new attacks by the United States on Iran and the responses of the latter, which resurfaced concerns about the length of the conflict in that region. However, futures have fallen as today’s day progressed. Brent crude from the North Sea began the day at 95.15 dollars per barrel (dpb) to reach a peak of 95.46 dpb and close at 94.49 dollars. Still, it had a 2.7 percent gain from the 91.99 dpb whe…
Lunch Wrap: ASX caught between surging oil and falling gold prices
Oil spikes as ASX slips Gold miners cop another hit Megaport opens $309 million raise The S&P/ASX 200 was down 0.60% by lunchtime in Sydney on Thursday, as investors spent the morning digesting an ugly night on Wall Street. The Dow, S&P 500 and Nasdaq all copped losses of almost 2% overnight, as fresh US strikes on Iran kept the Strait of Hormuz front and centre of investor angst. The news sent Brent crude above US$95 a barrel and WTI towards …
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