Market snapshot
ASX 200 futures: -0.2% to 7,289 points
Australian dollar: Flat at 63.00 US cents
S&P 500 (Friday): +0.55% to 5770 points
Nasdaq (Friday): +0.7% to 18196 points
FTSE (Friday): -0.03% to 8679 points
Spot gold: +0.08% to $US2913/ounce
Brent crude: $US70.36/barrel
Bitcoin: -5.24% to $US81,729
Prices current around 9:00am AEDT.
Live updates on the major ASX indices:
US markets recover after rocky week
Wall Street bounced back Friday after a tumultuous week thanks to geopolitics, especially changes to US tariffs announced by President Donald Trump on Friday, Australian time. You can catch up on the changes below. Markets there are also watching signs the Fed may cut rates more than expected to account for potential growth weakening – but Wednesday’s inflation figures could change that.
Good morning!
Good morning and welcome to the ABC’s markets blog.
It was a big Friday for business news so we’ll catch you up you that shortly.
For now, futures indicate the Australian share market will open higher today after a tumultuous end to the week.
Gold is slightly higher +0.05% at US$2911.48 an ounce, Brent Crude oil is US$70.36 a barrell and the Aussie dollar is slightly down -0.08% to 63 US cents.
No major events or data releases planned for today but we’ll keep you across any big developments
