Australian Shares Steady Amid Tariff Concerns and Awaited Inflation Data
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Australian Shares Steady Amid Tariff Concerns and Awaited Inflation Data

Australian shares showed little change as losses in heavyweight banks offset gains in miners and energy stocks, with the S&P ASX 200 closing near 9,022 points. Investors remained cautious ahead of key domestic inflation data and sought clarity on trade tariff developments following U.S. President Trump's warning on trade deals. The Reserve Bank of Australia has tightened policy amid inflation concerns, influencing market sentiment. Top gainers included Liontown Limited and Viva Energy Group, while ARB Corporation and Austal Limited were among the biggest losers.

Political Bias
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Sentiment
60%