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Live: Inquiry recommends first home buyers get higher loans, ASX to rise, Bitcoin gains


Live: Inquiry recommends first home buyers get higher loans, ASX to rise, Bitcoin gains

Good morning! This is reporter Rachel Clayton here to take you through Thursday morning’s markets live blog.

I’ll bring you the latest price action and news on the ASX and beyond – it should be a relatively quiet day after CPI data dropped yesterday but you never know when Trump may make another tariff announcement, so stay tuned all the same.

There was a flurry of activity on Wall Street overnight, especially in tech stocks, which could see the ASX rise slightly at the open this morning.

The Dow Jones index fell -0.3 per cent, the S&P 500 also slid -0.4 per cent and the Nasdaq Composite lost -0.6 per cent.

ASX futures were up +0.2 per cent to 8,457 at 7am AEDT.

At the same time, the Australian dollar was up +0.4 per cent to 64.95 US cents.

Brent crude oil was up +0.1 per cent, trading at $US72.90 a barrel.

Spot gold gained +0.1 per cent to $US2,635.88.

Iron ore rose 1.4% to $US104 a tonne.

And Bitcoin has seen another rise of +5.7 per cent to $US96,854.

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