Laura Bessarati

OK, I think that's a wrap for this week.

Have a lovely weekend, everyone, and we'll catch you again on Monday.

a listener production.

And gold stocks have continued to follow gold prices higher.

I'm Laura Bessarati.

Well, it's been another stellar session for the Aussie market at the moment, lifting by close to 1%.

That follows a similar improvement yesterday.

In fact, yesterday was a little better.

We actually had our best day in about a month yesterday, lifting by 1.3%.

But today's improvement, second day of gains, and that's taken us to a two-week high.

Yeah, so growing prospects of a peace agreement between the United States and Iran, like you mentioned, and that's really got markets quite optimistic.

But also last night, some more strong earnings out of the United States.

So we did have that strong lead-in from Wall Street once again.

If we have a look what happened last night, we saw the Dow Jones up 1.2%, the S&P 500 up 1.5%, and the Nasdaq up 2%.

So that strong lead-in certainly helped us today.

You mentioned that oil prices have fallen back, and that's obviously in reaction to that potential pace agreement between the US and Iran.

So they've been tumbling back towards 100 US a barrel, currently sitting just a bit above those levels, and that's really been causing energy stocks to fall back.

So yes, you said it's helpful for the market more broadly, but not certainly for energy stocks, which are falling by roughly 3% and down heavily for a second straight day.

Yeah.

And today's improvement looks like they're on track for their best day in about a month for that sector.