Stephen Letts
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Articles by Stephen Letts
Markets live updates: ASX set to edge lower as oil keeps rising after Wall St slides on AI anxiety
ASX 200 futures: -0.1% at 8,826 points ASX 200 (Friday): +1.0% to 8,807 points Australian dollar: +0.4% to 69.44 US cents Wall Street (Friday): S&P 500 -1.1%, Dow -0.3%, Nasdaq -2.1% Europe (Friday): Dax +1.0%, FTSE +0.4%, Eurostoxx600 +0.7% Spot gold: -0.1% to $US4,165/ounce Oil: Brent futures +3.7% to $US109.86/barrel, WTI futures +3.5% to $U101.41/barrel Iron ore (Friday): +1.5% to $US91.20/tonne Copper (LME): +0.5% to $US14,498/tonne Bitcoin: -0.8% $US80,901 10-year bonds: US 5.07%...
Markets live updates: ASX set to edge lower as oil keeps rising after Wall St slides on AI anxiety
Stock Markets 11 hours ago ‘Black Monday’ fears intensify as prediction markets shrug off 2026 crash finbold.com - Paul L.
Markets live updates: ABC names David Chau as new finance presenter on 7pm news, ASX rises
ASX 200: +0.3% at 8,741 points (live values below) ASX 200 (Friday): +0.6% to 8,717 points Australian dollar: flat at 69.84 US cents Wall Street (Friday): S&P 500 +0.6%, Dow +0.8%, Nasdaq +0.6% Europe (Friday): Dax +1.1%, FTSE +1.1%, Eurostoxx50 +0.8% Spot gold: flat at $US4,194/ounce Oil: Brent futures +0.7% to $US105.50/barrel, WTI futures +0.7% to $U92.46/barrel Iron ore (Friday): -0.7% to $US90.60/tonne Copper (LME): -1.3% to $US14,295tonne Bitcoin: flat at $US83,637 10-year bonds: US...
Markets live updates: Wall Street closes higher after disappointing jobs report, ASX set to gain
ASX 200 futures: +0.3% at 8,746 points ASX 200 (Friday): +0.8% to 8,682 points Australian dollar: +0.4% to 69.53 US cents Wall Street (Friday): S&P 500 +0.7%, Dow +0.5% Nasdaq +1.2% Europe (Friday): Dax +1.2%, FTSE +0.3%, Eurostoxx 600 +1.0% Spot gold: -0.9% to $US4,142/ounce Oil: Brent futures -0.1% to $US102.25/barrel, WTI futures -1.9% to $U91.11/barrel Iron ore (Friday): +1.2% to $US91.40/tonne Copper (LME): -0.8% to $US14,285tonne Bitcoin: +0.8% $US85,420 10-year bonds: US 5.27%...
Markets live updates: Wall Street closes higher, ASX lacks direction ahead of rates decision
ASX 200 futures: flat at 8,720 points ASX 200 (Friday): -0.4 to 8,665 points Australian dollar: +0.2% to 70.43 US cents Wall Street (Friday): S&P 500 +0.4%, Dow +% Nasdaq +0.4% Europe (Friday): Dax +0.6%, FTSE +0.1%, Eurostoxx 600 +0.5% Spot gold: +0.9% to $US4,379/ounce Oil: Brent futures -2.1% to $US104.32/barrel, WTI futures -2.3% to $US95.10/barrel Iron ore (Friday): -0.5% to $US95.10/tonne Copper (LME): +1.6% to $US14,464/tonne Bitcoin: +0.7% to $US84,597 10-year bonds: US 5.12%...
Markets live updates: ASX set to open higher, Wall Street flat as oil continues slide
ASX 200 futures: +0.3% to 8,826 points ASX 200 (Tue): +0.3% to 8,758 points Australian dollar: flat at 71.14 US cents Wall Street: S&P 500 flat, Dow -0.4% Nasdaq +0.5% Europe: Dax flat, FTSE -0.3%, Eurostoxx 600 +0.1% Spot gold: +0.3% to $US4,358/ounce Oil: Brent futures -1.7% to $US98.69/barrel, WTI futures -0.6% to $U94.59/barrel Iron ore (Tuesday): -0.6% to $US96.60/tonne Copper (LME): -0.7% to $US14,664/tonne Bitcoin: -1.0% $US86,353 10-year bonds: US 4.95%, Australia 5.28%
Markets live updates: ASX set to slide despite Wall Street edging up and lower oil prices
ASX 200 futures: -0.7% to 8,711 points ASX 200 (Friday): flat at 8,731 points Australian dollar: +0.1% to 71.17 US cents Wall Street (Friday): S&P 500 +0.2%, Dow -0.2% Nasdaq +0.4% Europe (Friday): Dax -1.6%, FTSE -1.5%, Eurostoxx 600 -1.2% Spot gold: +0.9% to $US4,379/ounce Oil: Brent futures -0.4% to $US104.87/barrel, WTI futures -1.6% to $U100.30/barrel Iron ore (Friday): +0.8% to $US97.10/tonne Copper (LME): +0.4% to $US14,573/tonne Bitcoin: -0.8% to $US81,063 10-year bonds: US 5.00%...
Markets live updates: Wall Street rises despite hot inflation likely to trigger a Fed rate hike this week,
ASX 200 futures: +0.2% to 8,747 points ASX 200 (Friday): -0.9% to 8,741 points Australian dollar: -0.1% to 71.57 US cents Wall Street (Friday): S&P 500 +0.9%, Dow +1.0% Nasdaq +1.0% Europe (Friday): Dax +0.8%, FTSE +0.4%, Eurostoxx 600 +0.8% Spot gold: +0.7% to $US4,347/ounce Oil: Brent futures -2.8% to $US104.61/barrel, WTI futures -2.4% to $U100.05/barrel Iron ore (Friday): -1.5% to $US96.70/tonne Copper (Friday): flat $US14,230/tonne Bitcoin: +0.2% to $US77,305 10-year bonds: US 4.97% Au...
Good morning and welcome to another day on the ABC markets and finance blog. Stephen Letts from ABC business team here, limbering up for blow-by-blow coverage of the day's events, where every post is hopefully a winner, but none should be construed as financial advice. Wall Street closed the week on a negative note, with the S&P 500 slipping 0.4% and US bond yields edging higher after stronger-than-expected jobs figures shortened the odds of a rate hike from the Federal Reserve this month.
Markets live updates: ASX set to slip as Wall Street slides on inflation worries
Good morning and welcome to another day on the ABC markets and finance blog. Stephen Letts from ABC business team limbering up for a blow-by-blow coverage of the day's events, where every post is hopefully a winner, but none should be construed as financial advice. Wall Street closed the week on a negative note, with the S&P 500, slipping 0.3% but still gained 0.5% over the week.
Markets live updates: ASX set to lift as Wall Street slump arrested
Good morning and welcome to another day on the ABC markets and finance blog. Stephen Letts from ABC business team here, limbering up for a blow-by-blow coverage of the day's events, where every post is hopefully a winner, but none should be construed as financial advice. Wall Street closed the week on a positive note, with the S&P 500 making a solid gain, but not large enough one to erase the 1.4% loss over the week. The ASX looks like also enjoying respite from recent losses.
Markets live updates: Wall Street dips as consumer sentiment slumps, ASX to keep sliding
Wall Street's recent rally came to a shuddering halt on Friday thanks to increased anxiety about the US failing to extricate itself from its Middle East quagmire and wilting consumer sentiment. Even putting the 6% rise in global oil prices over the week to one side, US consumers are becoming increasingly jaded about their cost-of-living pressures.
Markets live updates: Wall Street edges higher on US inflation data, ASX set to slide
US inflation remained on the high side in July, but within expectations allowing Wall Street traders to bid up key indices after two loosing sessions. S&P 500: +0.3% Dow: flat Nasdaq: +1.0% The S&P 500 and Nasdaq were lifted by upbeat quarterly results from CoreWeave and other AI infrastructure firms, while the CPI inflation coming in at 3.4% year-on-year reinforced bets that the US Federal Reserve will hold interest rates steady in September. "The numbers came in right in line.
Markets live updates: ASX set to lift after Wall St's record close, oil prices edge higher
Good morning and welcome to another day on the ABC markets and finance blog. Stephen Letts from ABC business team limbering up for a blow-by-blow coverage of the day's events, where every post is hopefully a winner, but none should be construed as financial advice. Wall Street closed the week with a strong session as the S&P 500 hit a fresh record high. Oil prices edged up as uncertainty about an end to the US-Iran war rolled on. The ASX looks like enjoying a bright opening to the week.
Good morning and welcome to another day on the ABC markets and finance blog. Stephen Letts from ABC business team limbering up for a blow-by-blow coverage of the day's events, where every post is hopefully a winner, but none should be construed as financial advice. Wall Street closed the week and month with a strong final session, supported by a 15% jump in Amazon shares. The ASX doesn't look like following suit.
Markets live updates: Wall Street sinks after a divided Fed keeps rates on hold, oil spikes on renewed missile strikes, ASX set to fall
Good morning and welcome to another day on the ABC markets and finance blog. Stephen Letts from ABC business team limbering up for a blow-by-blow coverage of the day's events, where every post is hopefully a winner, but none should be construed as financial advice. Wall Street endured a wild night, closing sharply lower after the Fed held rates unchanged in a divided decision.
Markets live updates: ASX jumps, oil slumps after US and Iran pause missile attacks
ASX 200: +1.4% to 8,894 points (live values below) ASX 200 (Friday): -0.8% to 8,772 points Australian dollar: +0.3% to 70.02 US cents Asia: Nikkei +0.3%, Hang Seng +0.8%, Shanghai flat, Kospi +0.8% Wall Street (Friday): S&P 500 +0.05%, Dow +0.5% Nasdaq -0.6% Europe (Friday): Dax +1.4%, FTSE +0.9%, Eurostoxx +0.8% Spot gold: +1.0% to $US4,092/ounce Oil: Brent futures -5.3% to $US91.65/barrel, WTI futures -5.4% to $US84.41/barrel Iron ore (Friday): -0.1% to $US98.10/tonne Copper (LME): -1.8% to...
Markets live: War and AI worries drag down Wall Street, ASX set to rise
Good morning and welcome to another day on the ABC markets and finance blog. Stephen Letts from ABC business team limbering up for a blow-by-blow coverage of the day's events, where every post is hopefully a winner, but none should be construed as financial advice. Wall Street's growing anxiety over AI and chip-related stocks saw its key indices all fall — a disappointing close, to a generally disappointing week, despite solid earnings results starting to roll in.
Markets live updates: Markets on edge as US-Iran war flares, oil price under pressure, ASX priced to edge higher
Wall Street finished the week on a positive note, with the S&P 500 closing just shy of a record high. S&P 500: +0.4% Nasdaq: +0.3% Dow: +0.3% Sentiment was buoyed the robust Nasdaq debut of South Korea's SK Hynix as well forecasts of another solid rise in corporate earnings ahead in Wall Street's second quarter results that will start rolling out this week.
Welcome to another day on the ABC markets and finance blog. Stephen Letts from the ABC business team limbering up for blow-by-blow coverage of the day's events, where every post is hopefully a winner, but none should be construed as financial advice.
Markets live: Renewed Gulf hostilities put markets on edge, ASX poised for marginal gain
Good morning and welcome to another day on the ABC markets and finance blog. Stephen Letts from ABC business team limbering up for a blow-by-blow coverage of the day's events, where every post is hopefully a winner, but none should be construed as financial advice. The ASX appears to be holding up despite Wall Street's retreat on Friday, but then again US markets were dragged down by the tech stocks, a sector that doesn't have an outsized influence here.
Markets live: ASX set to edge higher ahead of jobs data, Wall St mixed as Micron surges, oil continues to slide
Good morning and welcome to another day on the ABC markets and finance blog. Stephen Letts from the ABC business team limbering up for a blow-by-blow coverage of the day's events, where every post is hopefully a winner, but none should be construed as financial advice. Wall Street was a mixed bag overnight with the blue-chip Dow up 0.4% and the benchmark S&P 500 closing marginally lower. The Nasdaq closed 0.4% lower, but that was before Micron released its strong quarterly results.
Markets live: ASX set to slip as fragile Iran war ceasefire keeps markets on edge
Good morning and welcome to another day on the ABC markets and finance blog. Stephen Letts from ABC business team limbering up for a blow-by-blow coverage of the day's events, where every post is hopefully a winner, but none should be construed as financial advice. With Wall Street closed on Friday, the best guide to how things are likely to unfold today are the ASX 200 futures.
Markets live: ASX set to rise on US-Iran peace hopes, Wall St lifts on SpaceX IPO debut
ASX 200 futures: +0.4% to 8,853 points ASX 200 (Friday): +2.0% to 8,804 points Australian dollar: -0.1% to 70.43 US cents Wall Street (Friday): S&P500 +0.5%, Dow +0.7%, Nasdaq +0.3% Europe (Friday): Dax +1.8%, FTSE +1.6%, Eurostoxx +2.1% Spot gold: +0.1% to $US4,219/ounce Oil: Brent futures -3.4% to $US87.33/barrel, WTI futures -3.2% to $U84.88/barrel Iron ore (Dalian, Friday): -0.3% to $US113.00/tonne Copper (LME, Friday): +1.5% to $US13,687/tonne Bitcoin: -0.4% at $US63,995
Markets live updates: Wall Street hits new highs, renewed Strait of Hormuz fighting lifts oils prices, ASX to slip ahead of federal budget
ASX 200 futures: -0.5% at 8,736 points ASX 200 (Friday): -1.5% to 8,744 points Australian dollar: -0.3% to 72.25 US cents Wall Street (Friday): S&P500 +0.8%, Dow flat, Nasdaq +2.4% Europe: Dax -1.3%, FTSE -0.4%, Eurostoxx 600 -0.4% Spot gold (Friday): +0.6% to $US4,714/ounce Oil: Brent futures +1.2% to $US101.29/barrel, WTI futures +0.6% to $U95.42/barrel Iron ore (Friday): -0.3% to $US110.40/tonne Copper (Friday, LME): -1.3% to $US13,571/tonne Bitcoin: +0.3% to $US81,061 Prices current at...
Market live updates: Wall Street record rally rolls on, oil tumbles on peace hopes, ASX rebound set to continue
Good morning and welcome to another day on the ABC markets and finance blog. Stephen Letts from ABC business team limbering up for a blow-by-blow coverage of the day's events, where every post is hopefully a winner, but none should be construed as financial advice.
NAB profit drops amid Middle East uncertainty, ASX notches ninth loss in 10 sessions, slipping ahead of RBA rates decision — as it happened
business reporter Stephen Letts NAB posted a drop in half-year profit, weighed down by a $700 million impairment charge, as it warned of economic uncertainty created by the Middle East war. The ASX slipped to its ninth loss in 10 sessions as investors weigh up the likelihood of another RBA rate rise and NAB dragged down sentiment in the banking sector. Look back at how the trading session unfolded, plus the day's financial news and insights from our specialist business reporters on our blog.
Markets live updates: NAB profit drops amid Middle East uncertainty, ASX slips ahead of RBA rates decision
business reporter Stephen Letts NAB has posted a drop in half-year profit, weighed down by a $700 million impairment charge, as it warns of economic uncertainty created by the Middle East war. The ASX has opened lower as investors weigh up the likelihood of another RBA rate rise and NAB drags down sentiment in the banking sector. Follow the day's financial news and insights from our specialist business reporters on our live blog.
Markets live updates: NAB profit drops amid Middle East uncertainty, ASX set to slip ahead of RBA rates decision
business reporter Stephen Letts NAB has posted a drop in half-year profit, weighed down by a $700 million impairment charge, as it warns of economic uncertainty created by the Middle East war. The ASX is priced for a marginal fall this morning as investors weigh up the likelihood of another RBA rate rise. Follow the day's financial news and insights from our specialist business reporters on our live blog.
Live updates: ASX set to open lower as NAB results drop, Wall St hits record, oil slips
The ASX is priced for a marginal fall this morning, with the NAB due to post first-half results, weighed down by a $700 million impairment charge, and investors weighing up the likelihood of another RBA rate rise. Follow the day's financial news and insights from our specialist business reporters on our live blog.
Live updates: Wall Street surges despite Meta and Microsoft dives, ASX set for rebound
Good morning and welcome to another day on the ABC markets and finance blog. Stephen Letts from ABC business team limbering up for a blow-by-blow coverage of the day's events, where every post is hopefully a winner, but none should be construed as financial advice. It's been a busy night with more record closes on Wall Street despite megacaps Meta and Microsoft being crunched on their earnings updates In short, the ASX is priced for a solid rally after sliding for seven consecutive sessions.
Live updates: ASX 200 down to start week, AUD higher, oil prices up sharply
business reporters Stephen Letts and Jason Dasey The ASX 200 has made a disappointing start to the week, despite both the S&P 500 and tech-centric Nasdaq indexes setting new record highs. With the Strait of Hormuz remaining largely closed and the cancellation of peace talks, oil prices are surging, with Brent crude around $US107 a barrel. Follow the day's financial news and insights from our specialist business reporters on our live blog. Disclaimer: this blog is not intended as investment advice.
Live updates: ASX opens down after Wall Street rallies to record high, oil prices up sharply
business reporters Stephen Letts and Jason Dasey The ASX 200 has lost ground, despite both the S&P 500 and tech-centric Nasdaq indexes ending last week with new record highs. With the Strait of Hormuz remaining largely closed and the cancellation of peace talks, oil prices are surging, with Brent crude above $US107 a barrel. Follow the day's financial news and insights from our specialist business reporters on our live blog. Disclaimer: this blog is not intended as investment advice.
Live updates: Wall Street rallies to record high, ASX set for flat opening
business reporter Stephen Letts Wall Street traders ignored anxieties about the conflict with Iran, instead bidding up stocks on the back of strong first-quarter earnings results. The ASX is priced for a flat opening as the Strait of Hormuz remains closed, and oil prices continue to be volatile. Follow the day's financial news and insights from our specialist business reporters on our live blog. Disclaimer: this blog is not intended as investment advice.
Live updates: Wall Street rallies to new record high, ASX set for flat opening
ASX 200 futures: flat at 8,798 points ASX 200 (Friday): -0.1% to 8,786 points Australian dollar: -0.3 to 71.21 US cents Wall Street (Friday): S&P500 +0.8%, Dow -0.2%, Nasdaq +2.0% Europe: Dax -0.1%, FTSE -0.8, Eurostoxx 600 -0.6% Spot gold (Friday): +0.3% to $US4,709/ounce Oil: Brent futures -0.3% to $US105.33/barrel, WTI futures -1.5% to $U94.40/barrel Iron ore (Friday): -0.1% to $US107.00/tonne Copper (Friday, LME): -0.9% to $US13,310/tonne Bitcoin: +1.1% at $US78,327 Prices current at...
ASX edges higher despite Hormuz tensions, oil prices rebound, truckies have a big win on fuel costs — as it happened
The ASX 200 clawed back earlier, steeper losses to close marginally higher with demand for retailers and banks outweighing selling in energy stocks and miners. Trucking contractors had a big win in the Fair Work Commission, with retailers and big employers ordered to help with rising fuel costs. Look back at how the trading session unfolded, plus the day's financial news and insights from our specialist business reporters on our blog. Disclaimer: this blog is not intended as investment advice.
Microsoft Cares About Your Privacy Live updates: Wall Street rallies to record highs, oil prices tumble, ASX on edge as peace hopes fade
business reporter Stephen Letts Wall Street rallied to a new high and oil prices fell after both the US and Iran made conciliatory statements about a peace deal, but the markets had closed before relations soured again. Iran's decision to re-shut the Strait of Hormuz over the weekend and the US seizure of an Iranian cargo ship will again put markets on edge and may dampen sentiment for an expected rebound on the ASX this morning.
Live updates: Wall Street rallies to record highs, oil prices tumble, ASX on edge as peace hopes fade
Good morning and welcome to another day on the ABC markets and finance blog. Stephen Letts from ABC business team limbering up for a blow-by-blow coverage of the day's events, where every post is hopefully a winner, but none should be construed as financial advice. In short, the ASX is priced for a solid gain today after Wall Street's S&P 500 rallied strongly to a record close on Friday.
Last week's relief rally on Wall Street stalled on Friday ahead of the weekend's US-Iran talks in Pakistan. While key US indices enjoyed their best week since November, the final session saw the S&P 500 making a marginal loss, the blue-chip Dow down more, while the tech centric Nasdaq made a gain. S&P 500: -0.1% Dow Jones: -0.6% Nasdaq: +0.4% European stocks did better with the pan-Europe Eurostoxx 600 up 0.4% despite Germany's Dax trading sideways.
ASX enjoys $80 billion rally, oil falls back below $US100 on US-Iran ceasefire — as it happened
business reporters Stephen Letts, Stephanie Chalmers, Jason Dasey and business editor Michael Janda The ASX has joined in a global relief rally after the US and Iran agreed to a two-week ceasefire in the Persian Gulf, which is likely to see oil tankers back on the move through the Strait of Hormuz.
Markets live updates: Oil tumbles, ASX, US stock market futures rally on Donald Trump's Iran strike suspension
business reporter Stephen Letts US President Donald Trump announced a two-week ceasefire, as the clock counted down and markets braced for his Iran deadline. ASX and US stock market futures are higher on the news, while Brent crude is down more than 5 per cent. Follow the day's financial news and insights from our specialist business reporters on our live blog. Disclaimer: this blog is not intended as investment advice. [LIVE EMBED BLOG]
Live updates: Wall Street mixed ahead of Trump deadline, oil price slips, ASX marginally positive
business reporter Stephen Letts Wall Street's trading was largely flat overnight as Donald Trump's latest Iran deadline ticked down, but the momentum was positive as Pakistan provided a possible last-minute compromise to an escalated bombing campaign. Oil prices have slipped but remain elevated, and the ASX is poised for a marginal gain on opening. Follow the day's financial news and insights from our specialist business reporters on our live blog.
Live updates: Wall Street mixed ahead of Trump deadline, oil price slips, ASX marginally positive
Good morning and welcome to another day on the ABC markets and finance blog. Stephen Letts from ABC business team limbering up for blow-by-blow coverage of the day's events, where every post is hopefully a winner, but none should be construed as financial advice. In short, the market looks in a state of flux, with the ASX priced to make a marginal gain as Donald Trump's deadline to Iran to open the Strait of Hormuz ticks down.
Live updates: ASX falls after Wall Street tanks, oil price under pressure as Houthis enter the war
business reporters Stephen Letts and Jason Dasey The ASX 200 has started the week in negative fashion, down 1 per cent in early trade after the Dow Jones tumbled as the Middle East situation deteriorated further. Wall Street traders dumped equities and the oil priced jumped again as the Gulf war showed few signs of ending. Brent Crude oil has jumped to over $US115 a barrel, while WTI is up almost 3 per cent to more than $US102 a barrel.
Live updates: ASX set to fall after Wall Street tanks, oil price under pressure as Houthis enter the war
business reporter Stephen Letts Wall Street traders dumped equities and the oil priced jumped again as the Gulf war showed few signs of ending. After the market closed on Friday, the Iran-backed Houthi militia in Yemen entered the conflict, firing missiles at Israel and threatening to disrupt further oil supplies from the region. That is likely to put the oil price under more pressure and drive the ASX lower today.
Live updates: ASX set to fall after Wall Street tanks, oil price under pressure as Houthis enter the war Original
It was another brutal session on Wall Street as markets priced in the likelihood of the war dragging on. "Energy prices have traded back to recent highs and in response equity markets slumped amid concerns over higher inflation but also weaker global economic activity," NAB Head of Markets Research Skye Masters said. As the Iran war enters its second month, some changes in the way the markets are seeing it are evolving.
ASX drops to 10-month low as fears of protracted war mount, oil edges up after Trump ultimatum — as it happened
business reporters Stephen Letts and Jason Dasey The ASX 200 recouped much of its earlier losses to close 0.7 per cent lower, down to a level not seen in 10 months. The miners, and in particular gold miners, were sold off, along with the major banks as fears mounted about a slowing global economy. Brent crude oil is on the rise again, trading at above $US113 a barrel, with the US and Iran exchanging threats related to the Strait of Hormuz.
Live updates: ASX set to tumble after another brutal night on Wall Street, oil rising after Trump ultimatum
business reporter Stephen Letts With markets now pricing in a protracted war in the Middle East, Wall Street suffered another sharp sell-off on Friday, while global oil prices continued to rise. The ASX is poised for another bad day, having shed more than 2 per cent last week. Follow the day's financial news and insights from our specialist business reporters on our live blog. Disclaimer: this blog is not intended as investment advice. [LIVE EMBED BLOG]
Live updates: ASX set to tumble after another brutal night on Wall Street, oil rising after Trump ultimatum
ASX 200 futures: -1.8% to 8,343 points ASX 200 (Friday): -0.8% to 8,428 points Australian dollar: -0.9% to 70.23 US cents Wall Street (Friday): S&P500 -1.5%, Dow -1.0%, Nasdaq -1.9% Europe (Friday): Dax -2.0%, FTSE -1.4%, Eurostoxx50 -2.0% Spot gold (Friday): -3.4% to $US4,492/ounce Oil (Friday): Brent crude +3.3% to $US112.19/barrel, WTI +2.8% to $US98.23/barrel Iron ore (Friday): +1.0% to $US108.25/tonne Copper (Friday, LME): -1.8% to $US12,212/tonne Bitcoin: -3.0% at $US68,267
ASX slips as Middle East war rattles global stocks, RBA interest rate hike looms — as it happened
business reporter Stephen Letts, Jason Dasey, Jasper Wells and Stephanie Chalmers The local share market closed down just 0.4 per cent, as the Reserve Bank meets ahead of an expected interest rate hike on Tuesday. US and European stocks fell again on Friday over fears that the Iranian conflict dragging on would slow global growth and stoke inflation. Look back at how the trading session unfolded, plus the day's financial news and insights from our specialist business reporters on our blog.
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