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Markets live updates: ASX to rise after gains on Wall Street, price of oil rises, bond market steadies

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.

Live updates

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Market snapshot

- 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

Prices current at around 7.20am AEST