Steve Daghlian

It flagged that the war has reduced income in its markets division due in part to interest rate volatility.

Currency fluctuations in parts are also impacting revenue and cost.

We've heard from clean away waste management, which is also down, has been for most of the day by around 2%.

It cut its profit expectations for the year by about $20 million.

And it's blamed that on higher logistics and fuel costs linked to the conflict.

And then finally, A2 Milk, which already fell by about 13% on Monday when it said that revenues, profits, margins are all likely to take a hit.

Blaming this on a number of things, but certainly one of them has been freight challenges in the Middle East.

Another was the fact there have been issues with product availability in China at the moment.

Now, if we look forward from here, there will be a couple of things to watch in the day ahead.

We do get an update on producer prices or business inflation out of the US, which will be out tonight for the month of March.

Again, giving us some insights into the impact of conflict on the prices there.

But then we've also got the US profit reporting season heating up a bit.

So this week's massive for some of the major banks to release their results in the United States.

JP Morgan, Johnson & Johnson, Wells Fargo, Citigroup, BlackRock will all be out with their results later on this evening and early tomorrow morning as well.

The expectations have generally been for improvements in earnings if we speak quite broadly here, despite everything that's happening globally at the moment.

And tomorrow, we've got a number of stocks paying out dividends.

We've got Endeavor Group, Qantas, Yankol, and also Remelius as well.

I think that wraps things up.

Have a great evening, everyone, and make sure you tune in to the morning podcast to get updated on everything that's happening in global markets and get you set for the day ahead as well.

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