Market snapshot
- ASX 200 futures: flat at 8,583 points
- Australian dollar: +0.1% to 65.56 US cents
- Wall Street (Friday): Closed
- Europe (Friday): DAX -0.6%, FTSE flat, Eurostoxx -0.8%
- Spot gold (Friday): +0.3% at $US3,335/ounce
- Brent crude (Friday): -0.7% to US$68.30/barrel
- Iron ore (Friday): +0.2% to $US96.70/tonne
- Bitcoin: flat at $US108,791
Prices current around 7:10am AEST
Good morning
Good morning and welcome to another week 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 a flat start to the week with little guidance coming from Wall Street which was closed for the July 4 holiday
However, the caution is understandable given Europe’s retreat on Friday ahead of the expected restart of US tariff increases this week when the 90-day pause expires.
As always, the game’s afoot, so let’s get blogging.
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