This comes after big losses on Wall Street, especially in tech and artificial intelligence stocks.

The Australian market is following the lead of the US market, where the S&P 500 and Nasdaq fell.

The price of oil has dropped to its lowest level in three months due to reports that the US will allow Iran to sell oil again.

As a result, oil and gas companies are doing poorly on the Australian market.

However, gold stocks are doing well, with prices rising to $US4,337 an ounce.

The Australian dollar is also doing well, thanks to the rise in gold prices.

The Reserve Bank of Australia has kept interest rates the same, which has relieved some borrowers.

But the bank's governor, Michele Bullock, has warned that rates may still rise if inflation doesn't come down.

The US and Iran are set to sign an interim peace deal, which has led to a drop in oil prices.

This deal may also lead to changes in the Australian stock market, with some stocks doing well and others doing poorly.

Investors are watching the market closely to see how it will react to these changes.

The Australian stock market is expected to be cautious today, with some stocks rising and others falling.

The market will be keeping an eye on the US and Iran deal, as well as the Reserve Bank's interest rate decision.

These factors will all play a role in how the market performs today.