ASX set to extend losses after jittery Wall St session

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Summary

  • ASX futures down 24 points, or 0.4%, at 6020. Aussie Dollar at US71.18c
  • The S&P 500 finished 0.3% lower overnight. The Dow shed 0.8%, though the NASDAQ added 0.6%
  • Spot gold rose 0.3% to $US1907.51 an ounce. Brent crude is up 1.8% and US oil 2.4%. Iron ore rose 0.4% to $US115.13 per tonne
  • Australian Q3 inflation data is due from the Australian Bureau of Statistics at 11.30am AEDT

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Good morning

Good morning, and welcome to today’s edition of Markets Live.

Taking you through Wednesday’s news is Alex Druce and Lucy Battersby. Drop them a line in the comments if you spot something interesting!

More losses are tipped for the ASX200 after a mixed session on Wall Street overnight.

This blog is not intended as financial advice

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Source: Thanks smh.com