ASX hits five-month high as markets bet Trump will blink on Iran again

ASX market trends
Covered by 6 sources
- Economic Times·2h agoDollar drifts higher as traders eye Iran talks ahead of US jobs data
The dollar surged on Friday, gaining strength over the yen and euro as uncertainties regarding a peace deal in Iran heightened demand for safe-haven assets. Support for the dollar was also found in increasing Treasury yields due to expectations of forthcoming rate increases.…
Read at Economic Times → - ET Markets·1d agoGlobal Market: European shares climb as earnings, US-Iran diplomacy lift sentiment
European stocks advanced on Wednesday, driven by U.S.-Iran diplomatic talks. Mining companies led the rally as geopolitical concerns eased for investors. Novo Nordisk shares fell despite an improved outlook due to drug trial setbacks. Sandoz surged on strong second-quarter net…
Read at ET Markets → - The West Business·1d agoMining and tech stocks lift ASX to record high despite bank and energy losses
A brief message from a US political figure sent oil prices crashing and the ASX 200 to a record high.
Read at The West Business → - Financial Post·2d agoAustralian Stocks Hit Record High on Iran Hopes, Economic Bets
Australia’s stock benchmark briefly climbed to an intraday record on easing concerns over the US-Iran conflict and supportive signals in the domestic economy.
Read at Financial Post → - Bloomberg Markets·2d agoStocks Rally to Record, Oil and Dollar Dip on Iran: Markets Wrap
Global stocks climbed to a record as investors renewed bets on the artificial intelligence trade, driving gains in chipmakers. Oil and the dollar fell on the prospect of an interim US-Iran deal.
Read at Bloomberg Markets →

