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Australian shares fell for a third straight day as global markets declined on renewed US-China trade pessimism. Traders also reacted to uncertainty around Donald Trump's policy approach.
Brent crude and iron ore moved lower while spot gold rose.
Renewed trade-war fears weigh on demand expectations for agricultural commodities tied to China, and lower crude prices reduce energy and freight cost support. The move is a routine market wrap with no new supply or demand shock.
abc.net.auOct 31, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
