Live: ASX to open higher after sea of green on Wall Street
The Australian share market is set to open higher in morning trading as Wall Street finished in the green.
Meanwhile, the price of oil is trading above $US95 a barrel as the AU and US bond markets steady.
Follow the day's financial news and insights from our specialist business reporters on our live blog.
Disclaimer: this blog is not intended as investment advice.
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ASX to open higher
By Adelaide Miller
By Adelaide Miller
Good morning everyone and happy Thursday!
Business reporter Adelaide Miller here to guide you through the morning on the markets blog, where we cover the latest business, finance and economic news from across the globe.
After a sea of red yesterday, Wall Street bounced back overnight with all major exchanges closing higher. We'll provide a breakdown shortly.
The ASX is expected to follow suit, with Futures pointing up +0.4% to 8,979 points.
The Aussie dollar is hovering around 71.67 US cents.
But for now, grab yourself a coffee, tea or juice and see you back here soon!
Key Event
Market snapshot
By Adelaide Miller
By Adelaide Miller
- ASX 200 Futures: +0.4% to 8,979 points
- Australian dollar: -0.1% at 71.62 US cents
- Wall Street: Dow Jones (+0.6%), S&P 500 (+0.5%), Nasdaq Composite (+0.2%)
- Europe: FTSE (-0.3%), DAX (-0.5%), Stoxx 600 (-0.2%)
- Spot gold: +1.3% to $US4,386/ounce
- Oil (Brent crude): +0.7% to $US95.32/barrel
- Iron ore: -1.6% to $US97.80/tonne
- Bitcoin: -0.2% to $US77,290
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