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Global Markets: Australian shares log best day in seven weeks on Gulf peace hopes
The stock index rose a meagre 0.8% for May, bringing to a close a volatile month marked by conflicting reports of progress on a potential deal to extend the U.S.-Iran ceasefire.
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channelnewsasia.com
Asia shares take a breather as Gulf hostilities drag on
SYDNEY, May 28 : Asian shares turned hesitant on Thursday as news of a fresh U.S. military strike in Iran challenged investor optimism on a near-term peace deal, while U.S.…
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afr.com
Here’s how ASX investors are positioning for a peace deal
Fund managers bet the reopening of the Strait of Hormuz will be a boon for Australia’s mining sector and some beaten down logistics companies.
