Markets Slip as Oil and Geopolitics Reassert Pressure; Australia Raises Rates in Narrow Vote
Global risk appetite cooled after a brief rally, as persistent conflict in the Middle East and rising oil prices weighed on sentiment. Equities gave back some gains, the dollar firmed, and attention turned to central bank policy decisions after Australia’s central bank delivered a tight 5-4 rate increase. Technology optimism from an AI chip rally p…