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Markets live updates: ASX to fall following moves on Wall Street, price of oil continues rising
The Aussie share market is set to open lower in morning trading, as Wall Street closes down across all major exchanges.
Meanwhile, the price of oil continues to rise, with Brent Crude trading above $US106 a barrel.
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
Market snapshot
- ASX 200 Futures: -0.2% at 8,731 points
- Australian dollar: -0.04% to 71.34 US cents
- Wall Street: S&P 500 -0.5%, Dow -0.3%, Nasdaq -0.8%
- Europe: Dax -0.5%, FTSE +0.4%, Euro Stoxx 600 -0.5%
- Spot gold: -1.1% $US4,298/ounce
- Oil: Brent Crude +1.5% to $US106.21/barrel
- Iron ore: -0.8% to $US95.75/tonne
- Bitcoin: -0.3% to $US78,828
- 10-year bonds: US 5.00% AU 5.37%
Prices current at around 7:10am AEST
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Key Event
ASX to open in the red
Good morning everyone, and happy Tuesday.
Business reporter Adelaide Miller here to guide you through the morning on the markets blog, where we cover the latest business, finance and economics news from across the globe.
To start with, the ASX is set to open lower later this morning, with ASX 200 Futures pointing down -0.2% to 8,731 points.
That's following a sea of red across Wall Street at the close (I'll provide a breakdown shortly).
The Aussie dollar is currently trading above 71 US cents.
But for now, grab yourself a coffee and see you back here soon!
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