Australian Morning Focus

Global equity markets declined led by technology stocks, while bond yields fell and crude oil prices dropped on signs of weakening demand. US small business sentiment hit its lowest level since 2024, illustrating an uneven economic performance.

Key Takeaways

• 1.Global equity markets softened amid weakness in technology stocks.
• 2.US small business optimism reached its lowest level since October 2024, highlighting economic bifurcation.
• 3.Crude oil prices fell on signs of weaker demand, despite supply disruptions in the Middle East.

Table of Contents

• Highlights
• Today (AEST)
• Global markets overview
• Data/event pulse
• Key themes and views
• Commodities