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Latest news: Financial Markets

Aussie shares wobble ahead of budget, oil surges again

Aussie shares wobble ahead of budget, oil surges again

Deteriorating US-Iran relations and concerns over flagged tax reforms weighed on the local share market, which has fallen in 15 of the past 19 sessions.

Aussie shares drop as ceasefire frays, CSL plunges

Aussie shares drop as ceasefire frays, CSL plunges

Aussie shares drop as ceasefire frays, CSL plunges

Aussie shares drop as ceasefire frays, CSL plunges

Local shares have slid after Donald Trump called Iran's peace offer "totally unacceptable" and a local biotech company downgraded its earnings guidance.

ASX endures worst session since mid-March as $43b wiped

ASX endures worst session since mid-March as $43b wiped

ASX endures worst session since mid-March as $43b wiped

ASX endures worst session since mid-March as $43b wiped

The local bourse closed the week just up after a sharp sell-off on Friday erased several sessions of gains, as fighting reignited between the US and Iran.

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Investment bank Macquarie posts second-highest profit

Investment bank Macquarie posts second-highest profit

Macquarie Group has beaten expectations with a $4.8 billion annual profit, half of which the investment bank will return to shareholders.

Miners lead Aussie shares higher on peace hopes

Miners lead Aussie shares higher on peace hopes

Hopes of de-escalating tensions between the US and Iran have lifted investor sentiment, boosting mining stocks as energy and utilities tumble.

Aussie dollar, shares soar on Iran peace deal hopes

Aussie dollar, shares soar on Iran peace deal hopes

Hopes for an end to the Middle East energy crisis have helped bolster the local exchange, after it tumbled for 10 of the previous 11 sessions.

Aussie shares trim losses but higher rates here to stay

Aussie shares trim losses but higher rates here to stay

The Australian share market fell to a four-week low ahead of an expected interest rate hike, a clear RBA majority decision pointing to higher rates for longer.

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Shares off to shaky start ahead of interest rates call

Shares off to shaky start ahead of interest rates call

Shares off to shaky start ahead of interest rates call

Shares off to shaky start ahead of interest rates call

Energy, utilities stocks and consumer staples have dipped as investors take profits and mull the latest plan to ease the shipping logjam in the Hormuz Strait.

Australian shares snap eight-session run of losses

Australian shares snap eight-session run of losses

Australian shares snap eight-session run of losses

Australian shares snap eight-session run of losses

The ASX has ended the week on a positive note, buoyed by strong US earnings despite ongoing uncertainty over the Gulf energy crisis.

Aussie shares slip as brent crude hits new wartime high

Aussie shares slip as brent crude hits new wartime high

Aussie shares slip as brent crude hits new wartime high

Aussie shares slip as brent crude hits new wartime high

The local share market has endured its longest losing streak since 2018 as oil prices hit $US126 a barrel and hopes fade of a quick end to the Middle East war.

ASX continues slide as inflation points to rate hike

ASX continues slide as inflation points to rate hike

ASX continues slide as inflation points to rate hike

ASX continues slide as inflation points to rate hike

Resurgent inflation has increased the odds the Reserve Bank hiking the cash rate at its next meeting, with ongoing price growth to drag on company earnings.

ASX extends losses as Gulf worries buoy oil prices

ASX extends losses as Gulf worries buoy oil prices

ASX extends losses as Gulf worries buoy oil prices

ASX extends losses as Gulf worries buoy oil prices

Investor sentiment remains under pressure after weeks of earnings downgrades and the Middle East energy crisis weighing on hopes of future economic growth.

ASX trims losses on reports Iran offers olive branch

ASX trims losses on reports Iran offers olive branch

ASX trims losses on reports Iran offers olive branch

ASX trims losses on reports Iran offers olive branch

A potential deal to reopen a key oil transit route has counterbalanced dwindling market sentiment, but major uncertainty and investor caution persist.

ASX logs second week of losses as banks, miners weigh

ASX logs second week of losses as banks, miners weigh

ASX logs second week of losses as banks, miners weigh

ASX logs second week of losses as banks, miners weigh

With no end in sight to the Middle East conflict, investor confidence is fading as soaring energy prices and inflation expectations hammer risk sentiment.

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ASX dips, oil rises as conflict realities weigh heavily

A grim geopolitical outlook is weighing on the local bourse, as the US-Iran conflict and its resulting energy shock push the global economy towards recession.

ASX's new computer system at long last up and running

Stage one of the Australian Securities Exchange's $125 million CHESS project has gone live, years after a botched attempt to replace it with blockchain tech.

Aussie shares fall as war dims hopes for US rate cuts

The Australian share market has dropped 1.2 per cent after Donald Trump extended a ceasefire but his pick to lead the Fed has adopted a hawkish stance.

Aussie shares flat as Mideast ceasefire deadline looms

The local bourse finished basically unchanged for a third straight session ahead of a deadline to extend a ceasefire between Iran and the US.

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ASX almost flat as traders await Gulf developments

Australian shares have started the week relatively flat despite tensions between the US and Iran rising two days before the expiry of their ceasefire.

Truckies win fuel boost to fight dire price threat

Transport workers could soon be getting more money to cover the costs of rising fuel prices from the Iran war after a decision from the workplace watchdog.

ASX runs out of steam despite hopes of US-Iran deal

Banks, gold miners and retail stocks have weighed on the bourse, as focus shifts from headline risk to the lingering impacts of the Middle East oil price shock.

Aussie hits four-year high as banks, miners drag shares

The Australian dollar is trading at multi-year highs as signs of de-escalation support the global growth outlook, but the optimism has not extended to shares.

Australian shares pare early gains with banks sluggish

Equities markets are betting on a timely end to the Persian Gulf conflict, but the likely aftermath of the energy shock is keeping the champagne firmly corked.

Aussie shares lift on hopes for Middle East peace deal

The Australian share market touched a six-week intraday high after US President Donald Trump claimed Iran wanted a peace deal.

Australian shares drop as US vows new oil blockade

The ASX has dropped 0.39 per cent and oil prices have jumped back above $US100 a barrel after Donald Trump announced a new blockade on the Strait of Hormuz.

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