Australian Stocks Poised to Decline Amid Global Market Slump and Rising Oil Prices

Sunday, Mar 15, 2026 4:12 pm ET1min read

The ASX is set to fall after Wall Street and European markets declined due to fears of the Iranian conflict slowing global growth and stoking inflation. Oil prices remain under pressure. Ahead of the RBA meeting, the ASX may shed more value. Chinese data, including industrial production and retail sales, will be released later today.

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