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US Strike on Iran Timeline: Main Events (Last 48 Hours)

In the last 48 hours, the US, in close coordination with Israel, conducted unprecedented airstrikes on Iranian nuclear sites, escalating the regional conflict. Both sides are bracing for further retaliation, with international actors urging restraint and diplomacy amid heightened military readiness and legal debate in Washington

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Geopolitical – Israel strikes Iran

The situation between Israel and Iran has escalated dramatically in the past 24 hours, marked by significant military, diplomatic, and nuclear developments that have raised fears of a broader regional conflict.

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Closing Bell 8th July: ASX Slides After Surprise RBA Decision to Hold Rates

The Reserve Bank of Australia surprised markets by holding the cash rate steady at 3.8 per cent, defying expectations of a third rate cut this year. The Australian dollar spiked to US65.45¢ from US65.10¢ on the news, while three-year bond yields rose from 3.34 per cent to 3.38 per cent. Economists and traders had largely priced in a 25 basis point cut to 3.6 per cent. Governor Michele Bullock is expected to provide further commentary at a 3.30pm press conference.

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