Updated Jul 24, 2026 – 3.54am, first published at 3.46amKey Posts19 mins ago — 3.54AMBund yields rise to highest in 15 years23 mins ago — 3.51AMBritish stocks end lower30 mins ago — 3.43AMBefore the Bell: ASX to fall, oil soars through $US100 mark43 mins ago — 3.30AMOil soars through $US100 a barrel43 mins ago — 3.30AMMagnificent Seven hit by a ‘perfect storm’43 mins ago — 3.30AMECB holds, September in playGo to latestPinned post – 3.43AMBefore the Bell: ASX to fall, oil soars through $US100 markTimothy MooreAustralian shares are set to fall, tracking overseas losses after renewed US-Iran tensions propelled oil back above the $US100 a barrel mark, triggering fresh inflation concerns. Bond yields pressed higher. German bond yields reached their highest in 15 years.ASX 200 futures were down 56 points or 0.6 per cent to 8744 near 3.30am AEST. The S&P 500 had slid 1.3 per cent at 1.35pm in New York, paced by more than 4 per cent drops in consumer discretionary and communication services.Tesla tumbled 14 per cent and Google parent Alphabet shed more than 6 per cent. Both reported results after the previous closing bell which renewed investor wariness about the hundreds of billions being spent and planned on AI infrastructure.Each of the magnificent seven megacap techs were lower in afternoon trade.European shares suffered their steepest one-day drop in over two weeks on Thursday, weighed down by lacklustre earnings, hawkish central bank commentary and elevated crude oil prices, Reuters reported.The pan-European STOXX 600 index fell 1.3 per cent to 638.5 points.Market highlightsASX 200 futures are pointing down 56 points or 0.6 per cent to 8744.All US prices near 1.35pm New York time.AUD -0.3% to US69.74¢Bitcoin -2.1% to $US64,774On Wall St: Dow -1% S&P -1.3% Nasdaq -2.1%VIX +2.60 to 19.24Gold -2% to $US4047.75 an ounceBrent oil +7.4% to $US100.99 a barrelIron ore +1.1% to $US98.10 a tonne10-year yield: US 4.70% Australia 4.99%Today’s agendaS&P Global will release a raft of preliminary June composite PMI through Friday, including Australia at 9am AEST.Top storiesOne Nation a clear and undeniable risk, Labor warns the true believers | The Albanese government has anointed Pauline Hanson’s party as an integral part of the opposition ahead of the next election.Marles to announce $4.6b funding boost for AUKUS shipyard | The defence minister will pledge more money for South Australia’s Osborne shipyard, central to the AUKUS nuclear-powered submarine program.Blackmagic’s wealthy co-founders feud over $1.5b venture capital deal | The video technology giant has won over Hollywood with its film production software, but one of its three co-founders says he has not been allowed to sell out.Macquarie bulldozer (and fixer) Greg Ward prepares to step up | He’s not afraid to make tough and unpopular decisions, traits that have helped his rise to the top. Investors will want to assess his plan for the next phase.Fetching latest articles