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ASX’s worst day since Liberation Day; oil price shock
Published 3 months, 3 weeks ago
Description
The S&P/ASX 200 has recorded its worst weekly drop since Donald Trump’s so-called Liberation Day tariffs shocked global markets in April last year. That’s as investors weigh the prospect of a drawn-out war in the Middle East, with the rising oil price prompting further inflation concerns. Meanwhile, the US Pentagon has formally labelled AI company Anthropic a supply chain risk, escalating its dispute over AI safeguards. For more, Stephanie Youssef spoke with capital.com senior market analyst Kyle Rodda.