The S&P/ASX 200 fell 0.6% to 8,569 on Monday, extending losses from the previous week as escalating tensions in the Middle East continued to raise concerns about global growth and inflation.
Over the weekend, the US struck military targets near Kharg Island, Iran's main oil export hub, and warned it could expand attacks on energy infrastructure if shipping through the Strait of Hormuz is disrupted.
The developments pushed oil prices higher and heightened fears of supply shocks that could reignite inflation, increasing expectations of further interest rate hikes from the central bank.
The RBA is set to deliver its monetary policy decision on Tuesday, with markets expecting a back-to-back rate hike that would lift the cash rate to 4.1%.
Materials stocks were among the main drags, with mining giants BHP Group, Rio Tinto, and Fortescue falling 0.9% to 2.9%.
Gold producers also declined, with Newmont Corporation, Evolution Mining, and Northern Star Resources down 3.3% to 5.6%.
Sumber : Trading Economics
作者：indopremier_id，文章来源indopremier_id，版权归原作者所有，如有侵权请联系本人删除。
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
喜欢的话，赞赏支持一下
暂无评论，立马抢沙发