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ASX slides as rising oil price fuels rate hike bets; Big four banks fall
The Australian sharemarket slumped to a six-week low on Tuesday, with investors bracing for higher interest rates as the Middle East conflict continues to push up fuel costs.
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afr.com
ASX on edge as oil war rattles markets
Futures point to a flat start for the sharemarket on Monday, but the escalating war in the Middle East is likely to push oil and borrowing costs even higher.
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smh.com.au
ASX slides as rising oil price fuels rate hike bets; Big four banks fall
The Australian sharemarket slumped to a six-week low on Tuesday, with investors bracing for higher interest rates as the Middle East conflict continues to push up fuel costs.
