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Live: ASX to open higher after Wall Street rallies

Market snapshot

  • ASX 200 futures: +0.2% to 8,079 points
  • Australian dollar: +0.2% to 62.50 US cents
  • S&P 500: +1.1% at 5,931 points
  • Nasdaq: +0.9% to 21,289 points
  • FTSE: -0.3% to 8,085 points
  • EuroStoxx: -0.2% to 501 points
  • Spot gold: +1.0% to $US2,621/ounce
  • Brent crude: +0.1% to $US72.94/barrel
  • Iron ore: -0.1% to $US103.65/tonne
  • Bitcoin: -1.8% to $US94,839

Prices current around 7:30am AEDT

Live updates on major ASX indices:

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, futures trading points to a 0.2% rise on the ASX 200 this morning.

It is perhaps not a Christmas miracle, but somewhat lucky nonetheless there will be any trading at all today.

The ASX’s CHESS software crashed on Friday meaning the transactions going back to Wednesday couldn’t be cleared, leaving them in limbo until someone figured out how to reboot the 30-year-old system late Sunday afternoon.

Fingers crossed for today.

As always, the game’s afoot, so let’s get blogging.

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