coin-img-ETHETH-2.20%coin-img-SPCXBSPCXB-6.59%coin-img-BTCBTC-2.01%coin-img-SOLSOL-3.90%coin-img-XRPXRP-3.50%coin-img-USDCUSDC-0.02%coin-img-HYPEHYPE-5.07%coin-img-TRXTRX+0.06%coin-img-ETHETH-2.20%coin-img-SPCXBSPCXB-6.59%coin-img-BTCBTC-2.01%coin-img-SOLSOL-3.90%coin-img-XRPXRP-3.50%coin-img-USDCUSDC-0.02%coin-img-HYPEHYPE-5.07%coin-img-TRXTRX+0.06%coin-img-ETHETH-2.20%coin-img-SPCXBSPCXB-6.59%coin-img-BTCBTC-2.01%coin-img-SOLSOL-3.90%coin-img-XRPXRP-3.50%coin-img-USDCUSDC-0.02%coin-img-HYPEHYPE-5.07%coin-img-TRXTRX+0.06%coin-img-ETHETH-2.20%coin-img-SPCXBSPCXB-6.59%coin-img-BTCBTC-2.01%coin-img-SOLSOL-3.90%coin-img-XRPXRP-3.50%coin-img-USDCUSDC-0.02%coin-img-HYPEHYPE-5.07%coin-img-TRXTRX+0.06%

Australian shares slide for a second session as miners drag after BHP flags $US2 billion Jansen cost blowout

Australian shares extended losses for a second day, with the ASX200 down 1% and mining stocks leading declines. BHP’s warning of a $US2 billion cost overrun at its Canadian Jansen potash project renewed concerns about capital spending risks in the resources sector. Gold slipped below $US4,190 an ounce as the U.S. dollar strengthened following a more hawkish-than-expected debut from new Federal Reserve chair Kevin Warsh, while the energy sector fell 1.2% despite geopolitical support for oil prices. The Australian dollar was at $US0.7005.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Commodity