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The Latest Breaking News from Kyle Rodda

Global Markets: Australian shares log best day in seven weeks on Gulf peace hopes

The stock index rose ⁠a meagre 0.8% ‌for May, bringing to a close a volatile month marked by conflicting reports of progress on a potential deal to extend the ⁠U.S.-Iran ceasefire.

The Economic Times

Deal hopes help Aussie shares end rocky week in front

An expected ceasefire extension between the US and Iran has breathed life into Australia's stock exchange, with the conflict verging on its fourth month.

AAP

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.

AAP

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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.

AAP

Aussie shares pare early gains as Iran deadline looms

Australia's share market has risen to four-week highs, but investor optimism could be short-lived with the potential for escalating conflict in the Middle East.

AAP

Aussie shares climb on steady oil price, rate outlook

A temporary lull in energy price pressures has sparked cautious optimism in equities, despite no end in sight for the Iran conflict or its impact on oil supply.

AAP

More than $200b evaporates from Aussie market since war

The Middle East war continues to wreak havoc on equities as surging oil prices hammer global growth hopes and light a match under inflation expectations.

AAP

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Aussie shares tumble as oil spikes after tankers struck

Oil prices have surged as the Middle East conflict escalates, overshadowing a plan to release millions of barrels of crude reserves to shore up supply.

AAP

Australian shares pare early gains for modest rebound

Hopes of a timely end to the Middle East conflict sparked a relief rally on the local bourse, but the optimism was limited, capping gains by the close.

AAP

Bourse back with a vengeance as miners, IT stocks surge

Miners, IT and real estate stocks have led the bourse higher as dip buyers helped stage a dramatic comeback for local equities - for the time being.

AAP

Aussie shares slip as hot inflation points to rate hike

A weaker US dollar has helped support energy and materials stocks, while narrowing bets on interest rate hikes have dragged the broader bourse lower.

AAP

Australian shares dip for third day as banks, tech drag

The local bourse has extended its decline in a broad-based sell-off led by IT stocks and banks, while gold hit new highs on safe haven demand.

AAP

Gold pips record as trade jitters drag on local stocks

Gold producers have been the only clear winners as rekindled trade tensions spark fresh uncertainty that investors thought was behind them.

AAP

Aussie shares at 11-week highs after rock-solid week

Strong financials and IT stocks have helped the bourse to a fifth straight session of gains, as investors take profits on miners after a huge week for metals.

AAP

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AAP

Australian shares finish flat ahead of US jobs report

The local market finished unchanged as traders waited for the first complete jobs report from the United States since the government shutdown.

AAP

Aussie shares creep lower but strong miners cap losses

The Australian bourse is in a holding pattern before a key US interest rate decision, while a rally in mining stocks has counterbalanced losses elsewhere.

AAP

Australian shares plunge to lowest level since July

The ASX200 has lost 1.4 per cent to finish the week down 1.5 per cent, its worst week in since early April.

AAP

Shares resume slide as rate-sensitive stocks tumble

Australian shares are down for a second straight week against a backdrop of sticky inflation and fears the Reserve Bank's interest rate-cutting cycle is over.

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AAP

All that glitters: gold dump drags share market lower

Soaring gold prices have been hit with a reality check, facing their sharpest decline in 12 years and dragging ASX miners and the broader sector with them.

Al Jazeera

Why is the price of gold hitting record highs?

The price of gold has soared as investors seek out safe havens amid heightened economic uncertainty.

AAP

Worst trading day in five months wipes $53b off ASX

Aussie shares have fallen for a fourth-straight session as banks, IT stocks and real estate stocks weighed, wiping more than $53 billion from the top-500.

AAP

Aussie shares finish flat after RBA's shock rates call

The Australian market initially dropped after the Reserve Bank's surprise move to stand pat on interest rates, but shares later made up the losses.

AAP

Australian stock market snaps five-week winning streak

The ASX200 has retreated from last week's record highs as tariffs, conflict in the Middle East and global economic headwinds weigh on investors.

The Guardian - UK

Shell boss warns of ‘huge impact on trade’ if Israel-Iran conflict escalates

Blockage of strait of Hormuz, through which about 25% of world’s oil passes, could shock energy market, says Wael Sawan

Euronews

European stock markets rebound as Trump delays 50% tariffs on the EU to 9 July

Stock futures surged after US President Donald Trump agreed to postpone the planned 50% tariffs on the European Union, but the US dollar remained under pressure amid waning investor confidence in US assets, pushing the euro to a one-month high.

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