ASX soars, Aussie dollar at 4-year high on hopes of war’s...

What this episode covers

The Australian sharemarket rose 0.96 per cent, amid hopes of a peace deal between the US and Iran. As a result, oil prices have dropped sharply – though remain above US$100 a barrel – and precious metal and commodity prices have risen. The Australian dollar has also benefited, reaching a four-year high, as risk appetite increases. For more on this, Stephanie Youssef spoke with Angus Geddes, Chief Investment Officer at Fat Prophets.

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How long is this episode of SBS News In Depth?

This episode is 9 minutes long.

When was this SBS News In Depth episode published?

This episode was published on May 7, 2026.

What is this episode about?

The Australian sharemarket rose 0.96 per cent, amid hopes of a peace deal between the US and Iran. As a result, oil prices have dropped sharply – though remain above US$100 a barrel – and precious metal and commodity prices have risen. The...

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