18 June 2026, 14:49 Australia: ASX 200 Pulls Back from 2-Month High.
Australia's ASX 200 slipped 55 points, or 0.6%, to finish at 8,911 on Thursday, snapping a four-session winning streak. Early gains faded as sentiment turned sour after U.S. President Donald Trump warned that the new ceasefire with Iran was not final, raising fears the Middle East conflict could reignite. Meanwhile, the U.S. Federal Reserve held rates steady, as expected, but signaled that its next move might be higher, stoking caution. Local markets retreated from a two-month high, pressured by profit-taking, persistent inflation concerns despite a cumulative 75bp of rate hikes by the Reserve Bank since January, and fears that a potentially severe El Ni
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