Public Markets 3h Briefing
×Last updated: August 9, 2026, 8:36 PM ET
Energy & Commodities
Oil prices nytimes.com climbed as hopes for a Strait of Hormuz breakthrough faded, while oil extended gains bloomberg.com after Houthi militants claimed an attack on a Saudi refinery. The Iran-Oman stalemate continues to tighten supply expectations, pushing crude higher.
Equities & Corporate
Treasury Wine bloomberg.com flagged a A$558.4 million ($395 million) post-tax writedown ahead of its full-year earnings, citing excess US supply. Westpac bloomberg.com reported a slight profit increase as deposit growth offset CEO caution over a moderating housing market.
Regulation & Geopolitics
A near miss bloomberg.com between a Jetstar and Qatar Airways plane at Sydney airport triggered a safety probe, the second incident in two weeks. Meanwhile, a Beijing crackdown wsj.com on offshore capital flows has targeted the brokerage of billionaire Leaf Li, tightening controls on Chinese money moving abroad and weighing on sentiment for Chinese equities.