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Markets3h 38m ago

Australian shares have fallen ahead of the central bank's interest rate decision, with energy stocks the only clear winners as investors digest the realities of a touted US-Iran peace deal.

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Australia

Who
Australian shares, S&P/ASX200, All Ordinaries, RBC Capital Markets head of global commodity strategy Helima Croft, Woodside, Santos, Viva, Ampol, BHP, Rio Tinto, CommBank, NAB, Westpac, Qube, Macquarie Asset Management, SpaceX, IG market strategist Tony Sycamore, Australian dollar, Reserve Bank of Australia, RBA governor Michele Bullock
What
Australian shares have fallen ahead of the central bank's interest rate decision, with energy stocks the only clear winners as investors digest the realities of a touted US-Iran peace deal.
When
Tue, 16 Jun 2026 02:44:26 GMT · 3h 38m ago
Where
Australia ·
Why
Local equities are cooling after a two-day rally on the back of long-awaited progress to end the war in the Middle East, although growth risks continue to loom.
The Frontline Impact

How this affects you

The S&P/ASX200 fell by 0.43% and the broader All Ordinaries by 0.41% as a touted US-Iran peace deal with a Wall Street rally caused oil prices to stabilize, benefiting energy stocks while financials and basic materials slipped. The Reserve Bank of Australia's interest rate decision looms with expectations of a hold at 4.35%.

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