
Global markets found their footing this week, with almost all major indices finishing in the green following more constructive trade headlines. After a volatile period, there are early signs that the peak uncertainty around tariffs may be behind us, giving investors renewed optimism.
Here at home, the ASX 200 rose 1.9%, reaching its highest level since the “Liberation Day” tariffs sparked global sell-offs earlier this month. All eleven sectors finished in the green, with Financials and Technology leading the way. Australian iron ore miners rallied on hopes of easing US-China trade tensions and improved Chinese demand, while gold miners lagged as investors moved away from safe havens in favour of risk assets.
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