{"id":298126,"date":"2025-10-12T20:20:13","date_gmt":"2025-10-12T20:20:13","guid":{"rendered":"https:\/\/www.europesays.com\/us\/298126\/"},"modified":"2025-10-12T20:20:13","modified_gmt":"2025-10-12T20:20:13","slug":"live-updates-asx-set-for-sharp-decline-after-wall-st-tumble-on-renewed-trade-war-fears","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/298126\/","title":{"rendered":"Live updates: ASX set for sharp decline after Wall St tumble on renewed trade war fears"},"content":{"rendered":"<p>24m agoSun 12 Oct 2025 at 7:54pmMarket snapshot<img decoding=\"async\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/07\/lcimg-b2fa288c-346f-4945-8ca5-fc461087f952.jpeg\" alt=\"Stephen Letts profile image\" class=\"Avatar_avatarImage__f1Jjg\" style=\"display:none\"\/><\/p>\n<ul class=\"ContentAlignment_marginBottom__4H_6E ContentAlignment_overflowVisible__N2zKU\">\n<li>ASX 200 futures: -0.9% to 8.896 points<\/li>\n<li>Australian dollar: -0.8% at 65.04 US cents<\/li>\n<li>Wall Street: S&amp;P500 -2.7%, Dow -1.9%, Nasdaq -3.5%<\/li>\n<li>Europe: Dax -1.5%, FTSE +0.9%, Eurostoxx600 -1.2%<\/li>\n<li>Spot gold: +1.1% at $US4,017\/ounce<\/li>\n<li>Brent crude: -3.8% to $US 62.73\/barrel<\/li>\n<li>Iron ore: +1.2% at $US106.20\/tonne<\/li>\n<li>Bitcoin: +3.5% at $US114,300<\/li>\n<\/ul>\n<p class=\"paragraph_paragraph___QITb\">Prices current at around 7:00am AEDT<\/p>\n<p>23m agoSun 12 Oct 2025 at 7:56pm<\/p>\n<p>Good morning<img decoding=\"async\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/07\/lcimg-b2fa288c-346f-4945-8ca5-fc461087f952.jpeg\" alt=\"Stephen Letts profile image\" class=\"Avatar_avatarImage__f1Jjg\" style=\"display:none\"\/><\/p>\n<p class=\"paragraph_paragraph___QITb\">Good morning and welcome to another day on the ABC markets and finance blog.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Stephen Letts from ABC business team limbering up for a blow-by-blow coverage of the day&#8217;s events, where every post is hopefully a winner, but none should be construed as financial advice.<\/p>\n<p class=\"paragraph_paragraph___QITb\">In short, it looks like a fairly ugly start to the week after Wall Street&#8217;s tariff fear induced capitulation on Friday.<\/p>\n<p class=\"paragraph_paragraph___QITb\">ASX futures trading closed on Friday night pointing to an almost 1% drop this morning.<\/p>\n<p class=\"paragraph_paragraph___QITb\">So, buckle up.<\/p>\n<p class=\"paragraph_paragraph___QITb\">As always, the game&#8217;s afoot, so let&#8217;s get blogging.<\/p>\n<p>Loading<\/p>\n","protected":false},"excerpt":{"rendered":"24m agoSun 12 Oct 2025 at 7:54pmMarket snapshot ASX 200 futures: -0.9% to 8.896 points Australian dollar: -0.8%&hellip;\n","protected":false},"author":3,"featured_media":63405,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[17705,17707,7566,64,12847,9400,1698,17711,135,17709,17708,17710,17706,8727,67,132,68,3642],"class_list":{"0":"post-298126","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-asx","9":"tag-australian-dollar","10":"tag-bitcoin","11":"tag-business","12":"tag-dollar","13":"tag-dow-jones","14":"tag-live-blog","15":"tag-live-update","16":"tag-markets","17":"tag-nasdaq","18":"tag-nyse","19":"tag-sp","20":"tag-share-market","21":"tag-stocks","22":"tag-united-states","23":"tag-unitedstates","24":"tag-us","25":"tag-wall-street"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115363055764214177","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/298126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=298126"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/298126\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/63405"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=298126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=298126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=298126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}