ASX set for volatile week as ceasefire hopes temper escalation risk

Australian shares are set for a turbulent start to the week as investors balance optimism over a potential Iran-US ceasefire with renewed threats of military escalation from US President Donald Trump.

Investors are focused on talks between the US, Iran and regional mediators over a possible 45-day ceasefire, Axios reported on Monday, which could pave the way for an end to the conflict. Asian trading suggested markets were tentatively pricing a “peace dividend”.

Source: https://www.afr.com/markets/equity-markets/asx-set-for-volatile-week-as-oil-rises-on-iran-escalation-threat-20260406-p5zli0