Australian shares dive as market risks converge
Australian shares
Covered by 5 sources
- Brisbane Times·1h agoMining stocks tumble to weigh down ASX; oil climbs to its highest mark since May
The Australian share market is careening toward its worst week since the US-Iran war began, as surging oil prices pressure bond yields and squeeze central banks to hike borrowing costs.
Read at Brisbane Times → - The West Australian·5h agoASX braces for slump as surging oil price spooks global markets
The Australian sharemarket faces fresh pain as oil prices surge and the US Federal Reserve edges closer to raising interest rates.
Read at The West Australian → - Bloomberg Markets·6h agoAsian Stocks, Bonds Drop on Oil, Inflation Concern: Markets Wrap
Asian stocks and bonds fell after a surge in oil prices sparked a selloff in US markets, while the latest inflation data reinforced bets on an imminent Federal Reserve interest-rate hike.
Read at Bloomberg Markets → - ABC Australia Top·6h agoLive: ASX down 1pc as oil passes $US109 and bond yields surge
Australian shares open sharply lower after oil prices and Treasury yield surge, weighing on Wall Street. Follow the day's events on the ABC News live markets blog.
Read at ABC Australia Top → - The West Business·1d agoAustralian shares dive as market risks converge
The ASX faces a triple-front of market headwinds as the Iran war, surging bond yields and a strong Aussie dollar prompt investors to batten down the hatches.
Read at The West Business →
