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3 months ago General
It's been a bruising week for the ASX 200 amid lingering uncertainty about peace talks between the US and Iran. Markets in the US, Japan, and South Korea have regularly hit new record highs in recent months because of strong demand for high-flying tech and AI stocks, which the Australian market lacks. Since late February, when the US and Israel began their war on Iran, the local bourse has fallen by more than 6 per cent.
However, investors are optimistic Donald Trump will soon reach a peace deal with Iran because of his worsening poll numbers, as finance presenter David Chau explains.
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Read more here: https://www.abc.net.au/news/2026-06-05/asx-markets-business-live-news-june-5-2026/106762414
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