Gillian Bowen

James, on oil prices, let's get an update on that now and other commodities, because there's been some movements.

Let's have a look at currencies.

They are lower against the US dollar.

One Australian dollar is buying 72.30 US cents.

The euro is worth 1.1751 US dollars, while one US dollar is buying 156.73 Japanese yen.

Okay, let's go a little deeper into the results of Thursday's session on overseas markets.

The Dow Jones finished down 0.6%, the S&P 500 index was 0.4% lower, and the NASDAQ index lost 0.1%.

So we've got companies continuing to report, but also the fresh war uncertainty, as we've mentioned.

James, what are some of the key moves across the session?

Okay, let's turn to European markets.

The continent-wide FTSE Euro First 300 index ended 1.1% lower, while the UK FTSE 100 fell 1.6%.

So European share markets slipping on Thursday after a steep rally in the previous session as investors there were also assessing progress towards a US-Iran peace deal.

Spirits group Campari tumbled 15% after first quarter revenue missed expectations.

Piers Diageo and Pernod Ricard fell more than 2% each.

Defence stocks shed 2.7% with Rheinmetall down 6.9% after the German group reported first quarter results and said it had submitted a bid to buy German naval yards Kiel.

Consumer brands company Henkel rose 3.3% after meeting first quarter sales expectations.

Okay, let's take a look at what's on the watch list.

In Australia, there are earnings updates from Macquarie Bank, QBE, REA and News Corp.

And I will mention the federal budget is next week.

Tuesday night, we'll get confirmation from the Treasurer on the government's plans.