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Speaker 1: Welcome to the Fear and Greed Business News Afternoon Report

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Speaker 1: for Monday, the sixth of April twenty twenty six. Oh

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Speaker 1: Michael Thompson, and every afternoon, we've got the five stories

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Speaker 1: that happen today that you need to know about. Let's

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Speaker 1: go with sorry number one. The local share market is

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Speaker 1: set to open flat tomorrow as confusion over the state

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Speaker 1: of the war in the Middle East and high oil

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Speaker 1: prices means investors can get no clear lead really on

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Speaker 1: the state of the economy. The ASX ended last week

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Speaker 1: down one percent on the final trading day, though for

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Speaker 1: the week was up half a percent. Over the past month,

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Speaker 1: the BOSS is off seven percent and two percent in

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Speaker 1: twenty twenty six. The Tech index is now off twenty

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Speaker 1: eight percent this year, while healthcare, led by CSL, real

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Speaker 1: estate and consumer discretionary indices, they are down by fifteen

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Speaker 1: percent or more. Only the Energy index has kept the

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Speaker 1: market up. It has risen thirty five percent in twenty

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Speaker 1: twenty six. On to storry number two. Now and the UA,

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Speaker 1: yes Iran and a group of regional mediators are discussing

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Speaker 1: the terms for a potential forty five day ceasefire that

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Speaker 1: could lead to a permanent end to the war. According

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Speaker 1: to media outlet Axios, the mediators are discussing the terms

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Speaker 1: of a two phase deal, the report said, adding that

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Speaker 1: the first phase would be a potential forty five day ceasefire,

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Speaker 1: during which a permanent end to the war would be negotiated.

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Speaker 1: The second phase would be an agreement on ending the war.

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Speaker 1: The US President Donald Trump told The Wall Street Journal

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Speaker 1: that his deadline for Iran to open this strait of

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Speaker 1: Hormuz or face attacks on critical infrastructure is tomorrow evening.

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Speaker 1: US Time Story Number three. Fuel supplies across the country

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Speaker 1: have been locked in for the next month, but that

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Speaker 1: hasn't stopped demand for fuel spiking, with two hundred and

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Speaker 1: seventy four service stations across the country running out of diesel.

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Speaker 1: Energy Minister Chris Bowen said that the nation has supply

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Speaker 1: until mid April and more orders have been locked in

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Speaker 1: taking supply into May. That's after fuel to my over

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Speaker 1: easter jumped thirty percent this year. Three point seven billion

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Speaker 1: liters of different types of fuel is on the way

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Speaker 1: to Australia. One hundred and forty two out of two

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Speaker 1: four hundred service stations in New South Wales without diesel

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Speaker 1: thirty nine have no petrol. In Victoria the numbers are

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Speaker 1: fifty one without diesel, thirty with no petrol, and in

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Speaker 1: Queensland it's thirty eight stations without diesel, thirty two without petrol.

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Speaker 1: WA has also been hit pretty hard, nineteen stations without

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Speaker 1: diesel and twenty nine with no petrol. Story number four.

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Speaker 1: The Artemis two mission is entering a critical phase, with

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Speaker 1: astronauts set to swing around the Moon early tomorrow morning

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Speaker 1: Australian time in a historic deep space flyby. This is

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Speaker 1: day six of the mission, where the spacecraft will enter

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Speaker 1: the Moon's sphere of influence, where basically lunar gravity overtakes

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Speaker 1: Earth's and will pull the Orion capsule into a tight

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Speaker 1: loop around the far side. The maneuver will take about

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Speaker 1: six hours and is expected to push the crew more

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Speaker 1: than four hundred and six thousand kilometers from Earth, which,

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Speaker 1: if it all goes smoothly, will be further than any

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Speaker 1: human has ever traveled before. The spacecraft then turns back

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Speaker 1: towards home. Astronauts will lose contact with mission control for

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Speaker 1: nearly an hour as they pass behind the Moon, before

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Speaker 1: re emerging to send back images and data. With splashdown

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Speaker 1: back on Earth, currently scheduled for April ten, and finally,

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Speaker 1: story number five. Tesla has posted one of its worst

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Speaker 1: sales quarters in years, missing expectations as the carmaker struggles

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Speaker 1: to turn around its core business and navigate an increasingly

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Speaker 1: challenged electric vehicle market. The company delivered three hundred and

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Speaker 1: fifty eight thousand vehicles worldwide in the first quarter, below

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Speaker 1: the anticipated three hundred and seventy two thousand. It is

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Speaker 1: the second consecutive quarter that Tesla has fallen short of projections.

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Speaker 1: It was still a six percent jump from a year earlier.

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Speaker 1: At back then, the company was dealing with a consumer

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Speaker 1: boycott on the back of Elon Musk's decision to work

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Speaker 1: with the White House Administration. At Tesla's share price fell

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Speaker 1: nearly five percent over the weekend. It is off twenty

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Speaker 1: two percent from its record high last December. And that's

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Speaker 1: it for the afternoon report for Monday, the sixth of April.

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Speaker 1: Make sure you're following the podcast and headlong to Fearandgreed

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Speaker 1: dot com dot au to sign up for our free

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Speaker 1: daily newsletter. I'm Michael Thompson. Enjoy your evening,