Australian Shares Set to Open Lower Amid Mixed Wall St, Surging Oil Prices

share market Wall Street oil prices

نظرة سريعة

The Australian share market is expected to open lower following a mixed performance on Wall Street.
Meanwhile, oil prices are surging after US President Donald Trump declared a ceasefire with Iran over and initiated new strikes.

ملخص مُنشأ بالذكاء الاصطناعي

لماذا يهم

The Australian share market is poised for a lower opening, influenced by mixed Wall Street results. Concurrently, oil prices are experiencing a significant increase.

حجم الخط

The Australian share market is set to open lower in morning trading, following a mixed result on Wall St.

Meanwhile, the price of oil is surging, as US President Donald Trump declared the ceasefire with Iran was over, and launched another wave of strikes on the country.

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.

أسئلة مفتوحة

What is the extent of the new US strikes on Iran?
What will be the immediate market reaction beyond oil?

مواضيع ذات صلة

share market

أشخاصDonald Trump

أماكنIran

مواضيعWall Street oil prices Iran Donald Trump ceasefire

This article was originally published by ABC Top Stories.

أخبار ذات صلة

المزيد حول هذا الموضوعshare market

يتطور·6 sa önce

Australian Markets and Business News Roundup

Australian gas supply is projected to be sufficient in late 2026, though winter 2027 may see tightness. Telstra CEO apologizes for national outage. Australian dividends grew in 2025-26, led by mining. Workers' pay lags productivity growth.

ABC Top Stories

يتطور·6 sa önce

Telstra CEO returns, addresses outage; Australian dividends rise; Qantas punctual; US tariffs on Australia

Telstra CEO Vicki Brady apologizes for a national outage, while Australian dividends saw growth driven by mining. Qantas ranked most punctual airline globally. US proposes tariffs on Australian imports due to forced labor concerns. Research suggests worker pay hasn't kept pace with productivity.

ABC Top Stories

يتطور·6 sa önce

Hobart's Nightlife Faces Challenges Amidst Rising Costs and Shifting Habits

Hobart's hospitality venues are struggling with changing consumer behavior, including younger people ordering fewer drinks and arriving later. Rising alcohol costs are a major concern, leading patrons to pre-drink and use discount apps. The closure of several venues highlights the detrimental impact on the city's nightlife and its ability to retain young residents.

ABC Top Stories

يتطور·6 sa önce

Hobart's Nightlife Faces Challenges as Venues Close and Young People Re-evaluate Spending

Seven Hobart venues, including several on Salamanca's waterfront, have closed, prompting discussions about changing consumer habits. Young people cite rising alcohol costs and a lack of excitement as reasons for reduced spending, opting for pre-drinks and discount apps. Hospitality operators are concerned about the industry's viability and the need for more major events to attract visitors.

ABC Top Stories

يتطور·6 sa önce

Australian dividends grow, Qantas punctual, US tariffs loom, Telstra outage costs

Australian dividends rose 2.8% to $99.4B in 2025-26, led by mining. Qantas was the world's most punctual airline in June. US proposes 12.5% tariff on Australian imports due to forced labor concerns. Telstra outage costs estimated in hundreds of millions.

ABC Top Stories

يتطور·7 sa önce

Australian Workers' Wages Lagging Productivity Growth for 30 Years, Study Finds

Researchers from the Centre for Policy Development (CPD) in Australia found that typical worker pay has not kept pace with productivity growth for three decades, with gains increasingly captured by businesses. This challenges previous findings and raises questions about wage-setting, ownership, and technology's future direction.

ABC Top Stories

المزيد حول هذا الموضوعshare market