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A plume of smoke rises after an explosion in Tehran.

MarketsCommentsPremiumSurging Aussie dollar hits four-year high near US72¢

At Thursday’s Australian close of US71.8¢, the dollar is the best performer this year from the G10 basket of currencies, which includes the US dollar, the British pound and the Japanese yen.

Sean Smith

The ASX 200 continued its recovery from Monday’s falls. NewsWire / Max Mason-Hubers

MARKET WRAPPremium‘Too high’: ASX rallies despite rates warning

Major banks and mining giants have powered the ASX higher despite a deputy RBA governor’s stark warning the move could trigger March rate rises.

Cameron Micallef

Gains in Asia, such as the South Korean Kospi's big rise, did little to inspire European trade. (EPA PHOTO)

MarketsPremiumStocks sink as oil prices, Middle East conflict weigh

Asian shares have risen but losses have mounted in Europe as anxiety over the US-Israeli war on Iran and the resulting volatile oil prices take their toll.

Amanda Cooper

Oil prices fell after the International Energy Agency proposed a record release of crude reserves. (Darren England/AAP PHOTOS)

MarketsPremiumASX edges higher on hopes of record oil reserve release

Volatile oil prices continue to dictate stock market sentiment with the local bourse trading higher on hopes tapping reserves could shore up crude supply.

Adrian Black

Lynas’ Rare Earths’ processing facility in Kalgoorlie.

MiningCommentsPremiumLynas gets ‘magic’ $2.9b bump from new offtake price floor

Shares in Lynas Rare Earths have surged after the company revamped a Japanese offtake deal with a ‘magic’ floor price baked in that counters China’s market dominance.

Adrian Rauso

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UPDATED‘Genuine debate’: RBA makes grim rates call

The RBA’s deputy governor has made a surprise call on where interest rates could go, as world markets face ongoing turmoil due to the Iran conflict.

Cameron Micallef

The S&P 500 and Dow Jones have closed lower while the Nasdaq was marginally up at the day's end. (AP PHOTO)

MarketsPremiumWall St closes mixed on ramped-up Middle East tensions

US stocks have given up gains as hopes for an early end to the war with Iran fade, while crude prices dropped on reports that sanctions on Russian oil may end.

Stephen Culp and Johann M Cherian

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financePremiumTrump’s three words spark ASX recovery

Australian shares have rebounded strongly after Donald Trump’s brief war comment sent oil prices tumbling from $120 to $90 a barrel, partly reversing Monday’s market carnage.

Cameron Micallef

Donald Trump told CBS he thought ‘the war is very complete, pretty much’.

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MarketsCommentsPremium
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Oil relief rally fades after rollercoaster day for ASX200

The Australian stock market has staged a cautious comeback after Donald Trump signalled overnight that the US and Israel’s campaign of attacks against Iran could soon be at an end.

Daniel Newell

Surges in fuel purchasing in the city is leading to a regional short fall. NewsWire / Luis Enrique Ascui

newsPremium$20 fuel limit as fuel crisis bites hard

Regional petrol stations have limited fuel purchases to just $20 per customer as panic buying in cities creates severe shortages across country Australia.

Cameron Micallef

Australia faces a petrol crisis with fuel stations rationing supplies and some running dry completely.

The EconomistCommentsPremiumIran energy shock is reverberating across financial markets

For investors, the war is like the invasion of Ukraine all over again.

Traders are making money off Trump’s predictability.

MarketsCommentsPremiumMarkets call Trump’s bluff as TACO trade returns

The TACO trade was born last April after US President Donald Trump quickly folded on his aggressive tariff plans and it has proved profitable for investors ever since.

Tom Richardson

The ASX bounced back after spiking oil prices eased, but ran out of steam by the close of trading. (Dean Lewins/AAP PHOTOS)

MarketsPremiumAustralian 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.

Adrian Black

MSCI's broadest index of Asia-Pacific shares outside Japan rose about 3.3 per cent. (AP PHOTO)

MarketsPremiumStocks rebound, oil dives as Trump and Iran trade barbs

US President Donald Trump's claim that the Middle East war could be over soon has boosted world shares and brought a sharp drop in oil prices.

Sophie Kiderlin and Gregor Stuart Hunter

Shares are set to jump after US President Donald Trump suggested the Middle East war may be near an end.

BusinessCommentsPremiumOil plunges as Trump predicts war’s end

Shares are set to jump after US President Donald Trump suggested the Middle East war may be near an end, bond yields also tumbled this morning.

Tom Richardson

The ASX is expected to surge back into the green after Donald Trump's latest prediction for the Iran war. Carlos Barria / NewsWire POOL

FINANCEASX to rebound after Trump flags Iran war ‘complete, pretty much’

There will be some crazy economic movement in Australia today after a $90 billion wipe-out after Donald Trump’s latest update on the Iran war.

Cameron Micallef

With armed conflicts spreading, investors’ enthusiasm for arms suppliers is understandable. Yet it comes with risks. 

Your MoneyCommentsPremiumWhy war isn’t always good for defence stocks

With armed conflicts spreading, investors’ enthusiasm for arms suppliers is understandable. Yet it comes with risks. 

The Economist

Investors on Wall Street will closely monitor job numbers and other economic data this week. (EPA PHOTO)

MarketsPremiumUS stocks rise after oil prices drop below $US90

US stocks have closed higher following a remarkable reversal, as oil prices went from their highest prices since 2022 to back below $US90 per barrel.

Stephen Culp and Johann M Cherian

Optimism for a quick resolution of the conflict in the Middle East is rapidly ebbing in financial markets.

EconomyCommentsPremiumStagflation trades sweep markets as US signals widening war

Optimism for a quick resolution of the conflict in the Middle East is rapidly ebbing in financial markets.

Abhishek Vishnoi and Winnie Hsu

A destroyed building is seen after an Israeli strike in a Hezbollah stronghold on March 8 in Beirut, Lebanon.

EconomyCommentsPremiumIMF urges preparation for ’unthinkable’ amid Middle East war

IMF boss Kristalina Georgieva said lengthy hostilities in the Middle East would risk hitting markets and economies, while throwing up unexpected challenges that require policymakers to prepare for a new normal.

Erica Yokoyama

The big four banks were sold off during Monday’s market carnage. NewsWire

MARKET WRAPPremiumASX slumps $90bn in oil price surge

Australia’s sharemarket tanked during Monday’s trading and oil prices soared as investors fear a prolonged US-Iran conflict.

Cameron Micallef

Coles boss Leah Weckert and Woolworths boss Amanda Bardwell.

RetailCommentsPremiumSupermarket war heats up as Woolies rides out 2024 strike

Coles is expected to pull back the gap between arch rival Woolworths over the next few months as the Amanda Bardwell-led chain rides out the impact of a 17-day strike at its warehouses in late 2024.

Cheyanne Enciso

Gold price throughout stock Gold bars placed on top of stocks and stock charts showing investments with Stocks Graph Representing Financial investment, Gold Stock Market Wealth, Money Trade Exchange.

GoldPremiumGold and silver slump as conflict rattles markets

Gold fell, pressured by a stronger US dollar and concerns over higher interest rates, as the war in the Middle East extended into a second week and oil surged towards $US120 a barrel.

Robin Paxton

Hungry Jack’s founder Jack Cowin has snapped up an extra $3 million slice of Domino’s.

RetailCommentsPremiumHungry Jack’s founder grabs extra $3m slice of Domino’s

Fast food billionaire chair Jack Cowin has bought $3 million worth of shares in embattled Domino’s, where he is currently leading a turnaround by ditching heavy discounts to rebuild profitability.

Cheyanne Enciso