Country: AU | Published: 2026-09-15
Australian shares closed at their lowest level in over three months, with bearish pressure on the local currency mounting and global bond yields keeping risk appetite subdued. Ener
Australian shares closed at their lowest level in over three months, with bearish pressure on the local currency mounting and global bond yields keeping risk appetite subdued. Energy sector dynamics remain in focus, as renewable energy zone delays push back 2030 targets while coal miners gained ground, with one major producer rising after announcing its highest dividend payout since 2022. Trade diplomacy is also in play, with Australia aligning with Canada as it seeks deeper European ties, though the central bank's inflation focus keeps rate expectations front and center for traders.