Daily-Wrap

Macro Update:Australian Prime Minister Anthony Albanese has outlined new measures to shield the economy from uncertainty linked to the ongoing Middle East conflict. Speaking in parliament, he confirmed military assets, including transport and refuelling aircraft, were deployed to assist stranded Australians amid travel disruptions. …

Macro Update:The Reserve Bank of Australia raised interest rates, lifting the cash rate to 4.1% following a similar move in February, effectively reversing the relief from two cuts last year. The central bank indicated the possibility of further hikes, citing persistent inflation pressures driven …

Macro Update:Oil prices climbed on Monday as investor attention returned to threats facing Middle East oil infrastructure, according toReuters.Brent cruderose $1.27 (1.2%) to $104.41 a barrel, whileWest Texas Intermediate crudegained 54 cents (0.6%) to $99.25. Both benchmarks have surged over 40% this month after …

Despite the overall decline in the benchmark index, six of the 11 sectors finished higher. Financials led the gains, rising 1.03% and rebounding from recent losses, though the sector remains down 0.37% over the past five days.

Macro Update:Oil prices climbed toUS$100 per barrelas tensions in theMiddle Eastintensified, withIranaccused of setting fire to two tankers in Iraqi waters and increasing attacks on oil and transport facilities across the region. Reports indicated uncertainty over whetherIndia-flagged tankerswould be allowed to pass through theStrait …

Macro Update:A temporary easing of U.S. tariffs is prompting mixed reactions across China’s export hubs. Some manufacturers are rushing to capitalise on the window of lower duties, with companies accelerating shipments and project timelines. Meanwhile, tensions persist as the United States and China traded …

Nine of the eleven sectors finished higher, led by information technology (+1.94%) and materials (+1.87%). Energy fell sharply, down 2.91%, while consumer staples dipped 0.31%. Other notable gainers included health care (+1.75%), financials (+1.31%), and consumer discretionary (+1.27%).