This is the Fear & Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.

1. Oil jumps, ASX off 0.7pc

2. Accused cop killer shot dead

3. Support for Labor tumbles

4. Ceasefire could be reached ‘fairly quickly’

5. Macy’s AI sales surge

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Monday 30 March 2026

National Cabinet is set to meet amid soaring fuel prices and falling equity markets.

• Auction clearance rates hit their lowest level since 2022
• Electric vehicle purchases in Australia almost double since the outbreak of the Middle East conflict
• Wall Street tech stocks plummet on the back of AI concerns
• Aussies’ $83 billion online splurge

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And don’t miss the latest episode of How Do They Afford That? - this week: the middle-class money trap. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

Find out more: https://fearandgreed.com.au/

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This week we get the minutes from the RBA board meeting, where four members voted against an interest rate hike. As the oil price shock worsens, hitting many aspects of the economy - could those four members have had the right idea? Michael Thompson is joined by economist Stephen Koukoulas to discuss, and also look at the rest of the week for the economy: building approvals, house prices, and job vacancies.

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Find out more: https://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.