ASX set to slide despite worldwide rally following ceasefire with Iran

Australia’s sharemarket is expected to slide 0.53 per cent at opening despite a global rally post-President Trump’s two-week ceasefire announcement regarding Iran. Oil prices plummeted 15.9 per cent to $95.01 per barrel amid ongoing tensions, with analysts cautioning that optimism may be premature as uncertainty continues over the conflict's future impact on markets.

Read full article on Brisbane Times →

Summary by Glance · Original reporting by Brisbane Times