Australia’s ASX 200 index was 0.08% higher on Tuesday morning. The profits of the banking sector have opposed heavy gold and oil loss.
The 10-year-old US Treasury yields fell below 4.5%on Monday, increasing the demand for highly productive Aussie banks. The National Australia Bank (NAB) and Westpac Banking Corp, with 1.27% and 1.29% respectively.
In the meantime, the fall on Monday in gold and oil prices Northern Star Resources (NST) and Woodside Energy Group (WDS) left 1.95% and 0.45% respectively.
Outlook: Risks and opportunities for the bow
Geopolitical tensions, the American tariff policy and the evolving of AI competence will influence market sentiment. Although technical and AI shares can perform better, commercial-sensitive industries such as mining can be confronted with increased volatility. The HK, the mainland of China and ASX 200 can gather if China avoids rates and evolve the AI space of China. Conversely, rates can influence the risk -sentiment, which may make AI’s tech boost of the technical shares overshadowed.
Discover strategies to navigate this week’s market trends here.