Australia’s ASX 200 Index edged 0.08% larger on Tuesday morning. Banking sector features countered heavy gold and oil-related inventory losses.
10-year US Treasury yields dropped beneath 4.5% on Monday, boosting demand for high-yielding Aussie banks. The Nationwide Australia Financial institution (NAB) and Westpac Banking Corp, superior by 1.27% and 1.29%, respectively.
In the meantime, Monday’s fall in gold and oil costs left Northern Star Sources (NST) and Woodside Power Group (WDS) down 1.95% and 0.45%, respectively.
Outlook: Dangers and Alternatives Forward
Geopolitical tensions, US tariff insurance policies, and evolving AI competitors will affect market sentiment. Whereas tech and AI shares could outperform, trade-sensitive industries like mining may face heightened volatility. The HK, Mainland China, and ASX 200 may rally if China avoids tariffs and China’s AI house evolves. Conversely, tariffs may influence threat sentiment, doubtlessly overshadowing AI’s tech inventory increase.
Uncover methods to navigate this week’s market traits right here.
