ASX poised for gains despite Nasdaq sell-off

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Summary

  • ASX futures up 0.9%
  • On Friday the Nasdaq fell 2.5%, Dow Jones dropped 0.6%, and the S&P 500 dropped 1.2%
  • Aussie Dollar is flat at US70.28 cents
  • Gold up 0.6% to $US1878.81 per ounce, WTI crude down 1.1% to $US35.79 a barrel, iron ore +1.3% to $US117.49 a tonne

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Good Morning

Good Morning,

And welcome to today’s Markets Live blog.

Today Alex Druce and Lucy Battersby are your editors. It’s an eventful week with the Melbourne Cup, RBA rates decision, and US election.

This blog is not intended as financial advice.

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Source: Thanks smh.com