CBA share price drops 1.8% as trade jitters hit Australian banks — what to watch next
Commonwealth Bank of Australia shares fell 1.81% to A$150.48 Tuesday, leading declines among major banks on the ASX 200, which dropped 0.66%. Financial stocks struggled amid trade tensions and uncertainty over U.S. tariffs. Investors await December-quarter CPI data due Jan. 28 and the Reserve Bank’s policy meeting set for Feb. 2–3. CBA’s half-year results are scheduled for Feb. 11.