Markets live updates: ASX set to fall after Wall Street closed down, Trump says more attacks on Iran expected

The Australian market is set to fall after Wall Street closed down. 

Overnight, President Donald Trump threatened that the US military was “going to be attacking” Iran if no peace deal was agreed, claiming Tehran was “playing us for suckers”.

Gold also plunged 4.5 per cent. 

Follow the day’s financial news and insights from our specialist business reporters on our live blog.

Disclaimer: this blog is not intended as investment advice.

Thu 11 Jun 2026 at 8:04am

Markets snapshot

  • Australian dollar: -0.1% to 69.96 US cents
  • Wall Street: S&P500 (-1.6%), Dow (-1.9%), Nasdaq (-1.9%)
  • Europe: Dax (-1%), FTSE (+0.3%), Eurostoxx 50 (flat)
  • Spot gold: -4.4% to $US4,073/ounce
  • Brent oil:  +3.9% to $US95/barrel
  • Iron ore: flat to $US107.1/tonne
  • Bitcoin: -0.9% to $US61,200

Prices current at around 8:04am AEST

Live updates on the major ASX indices:

Thu 11 Jun 2026 at 7:48am

ASX set to fall after Wall Street closed down

Hello everyone and happy Thursday!

Welcome to another day on the finance blog!
Business reporter Yiying Li here to guide you through all the business, finance and economics news of the day.

And to start with, the ASX 200 futures are pointing to a lower open, down 0.8% to 8,601 points.
That’s after Wall Street closed down, with the S&P 500 losing 2.3% and the Dow Jones falling 1.8%.

Overnight, President Donald Trump said the US military was “going to be attacking” Iran if no peace deal was agreed, claiming Tehran was “playing us for suckers”.

Gold also plunged 4.5%.

But for now, grab yourself a warm coffee, tea or juice and see you back here soon!

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