Live updates: Wall Street hits new record ahead of expected rate cut, ASX set to gain


Market snapshot

  • ASX 200 futures: +0.3% to 9,061 points
  • Australian dollar: +0.4% to 65.43 US cents
  • Wall Street: S&P500 +0.8%, Dow +1.0%, Nasdaq +1.1%
  • Europe: Dax +0.1%, FTSE +0.7%, Eurostoxx 600 +0.2%
  • Spot gold: -0.3% at $US4,112/ounce
  • Brent crude: -0.1% to $US 65.94/barrel
  • Iron ore: -0.2% to $US104.50/tonne
  • Bitcoin: +1.9% at $US113,596

Prices current around 7:00 am AEST

Good morning

Good morning and welcome to another day on the ABC markets and finance blog.

Stephen Letts from ABC business team limbering up for a blow-by-blow coverage of the day’s events, where every post is hopefully a winner, but none should be construed as financial advice.

In short, it looks like the local market will open higher after Wall Street hit another record close on Friday.

ASX futures are pointing to a 0.3% gain this morning.

As always, the game’s afoot, so let’s get blogging.

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