World
Live: ASX set to slide despite Wall Street rallying to a new record as another Chinese stimulus package disappoints
Market snapshot
- ASX 200 futures: +0.4% to 8,281 points
- Australian dollar: -1.5% to 65.80 US cents
- S&P 500 (Friday): +0.4% to 5,996 points
- Nasdaq (Friday): +0.1% to 21,118 points
- FTSE (Friday): -0.8% to 8,072 points
- EuroStoxx (Friday): -0.7% to 499 points
- Spot gold: -0.9% to $US2,684/ounce
- Brent crude: +2.3% to $US73.87/barrel
- Iron ore (Friday): -2.3% to $US102.60/tonne
- Bitcoin: +0.4% to $US 76,911
Prices current at around 7:30am AEDT
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, the ASX looks like having a sluggish start to the week with ASX 200 futures pointing to a 0.4% drop on opening.
As always, the game’s afoot, so let’s get blogging.
