Updated Jul 9, 2026 – 3.44am, first published at 3.38amKey Posts30 mins ago — 3.44AMRenewed war a buying opportunity: Yardeni44 mins ago — 3.30AMBefore the Bell: ASX to fall, oil surges44 mins ago — 3.30AMApple says Broadcom deal worth at least $40b44 mins ago — 3.30AMBezos’ Blue Origin seeks funds toward $200b valuation44 mins ago — 3.30AMIMF lowers 2026 global growth forecast to 3pc1 hr ago — 2.46AMGood morningGo to latestPinned post – 3.30AMBefore the Bell: ASX to fall, oil surgesTimothy MooreAustralian shares are set to open lower, tracking losses in New York after President Donald Trump said the ceasefire with Iran may be over, though he later hedged to say he didn’t think the war would resume.Still, the comments were enough to jolt the oil market. Brent crude briefly surged more than 8 per cent to top $US80 a barrel. It then pared that advance somewhat. Gold slid, bitcoin fell.ASX 200 futures were down 52 points or 0.6 per cent to 8703 near 3.15am AEST. The S&P 500 was 0.3 per cent lower near 2.20pm in New York.US stocks tumbled through New York’s morning session before reversing. Still the Dow and S&P 500 were down on the day. The Nasdaq Composite edged into positive territory.Apple and Broadcom rose after the iPhone maker provided more details on their chip agreement. Nvidia rallied after China said it will allow top artificial-intelligence companies to buy a limited amount of Nvidia’s H200 chips.Market highlightsASX 200 futures are pointing down 52 points or 0.6 per cent to 8703.All US prices near 2.20pm New York time.AUD +0.1% at US69.33¢Bitcoin -3.2% to $US62,007On Wall St: Dow -1.1% S&P -0.3% Nasdaq +0.02%VIX +0.76 to 16.89Gold -1% to $US4064.08 an ounceBrent oil +6.3% at $US78.85 a barrelIron ore +1.4% at $US99.25 a tonne10-year yield: US 4.58% Australia 4.88%Today’s agendaChina is set to release its latest producer and consumer price data at 11.30am AEST.Top storiesIMF downgrades Australia’s economic growth | The IMF reduced its 2026 growth forecast for Australia to 1.9 per cent, which economists say would be good news for the RBA in its fight against inflation.Trump declares ceasefire over with ‘scum’ Iran | The president said negotiating with Tehran was a “waste of time” as the US unleashed new strikes in response to attacks on three tankers.Labor’s ‘big government’ hammering living standards, says Taylor | The IMF has downgraded its outlook for Australia’s economic growth, and the RBA warns that a period of “high unemployment” might be needed to tame high inflation.ASX’s biggest float of 2026 to kick-start ‘anaemic’ IPO market | Investors are hoping FDC Construction’s debut on Thursday will have a similar effect on the local IPO market as SpaceX had on Wall Street.Fetching latest articles