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Live: ASX tipped lower despite Wall St gains, AUD flat, oil retreats
live Markets live blog: ASX 200 tipped lower despite Wall St gains, AUD flat, oil retreats amid Iran war peace talks ASX futures are pointing to a slight decline to begin winter, with the Australian share market expected to open about 13 points lower. The weakness comes despite a solid finish on Wall Street on Friday, with the Dow Jones, S&P 500 and Nasdaq all ending higher. Investors are weighing easing inflation concerns, the outlook for interest rates, and hopes for a lasting peace in the...
China check: New US base in Australia signals AUKUS push, to host nuclear submarines
The establishment of Naval Support Activity (NSA) Stirling, off the coast of Perth in Western Australia, is seen as a major step in the AUKUS (Australia-UK-US) partnership. The facility is designed to provide comprehensive support services for US personnel and their families stationed at HMAS Stirling. The initiative is central to the Submarine Rotational Force-West (SRF-West), which will host US and UK nuclear-powered attack submarines on a rotational basis.
Patience imperative for EU-China trade relations, Australian trade minister says
As Europe tries to stabilise turbulent trade relations with China, Australian Trade Minister Don Farrell recommends that Brussels hold its nerve. Australian Trade Minister Don Farrell told Euronews's flagship morning programme Europe Today that his message for the Europeans when dealing with China over trade is simple: “patience”.
Live: Oil prices down almost 3pc as traders bet on Middle East peace
live Live market updates: Oil prices down, ASX to rise, tech stocks falter Brent crude has dropped almost 3 per cent overnight, as oil traders bet on a peace deal in the Middle East. Meanwhile, the ASX is set to trade up today after another strong session on Wall Street overnight. Follow the day's financial news and insights from our specialist business reporters on our live blog.