ASX set to open higher, last day of best month since the 1980s

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Summary

  • ASX200 futures up 39 points. The index closed 0.5% lower on Friday, but up 0.9% for the week. It remains 11% ahead for the month
  • On Wall Street on Friday the Dow gained 0.1%, the S&P 500 gained 0.2%, and Nasdaq gained 0.9%. VIX closed at 20.8
  • Iron ore up 1% to $US129.62 a tonne. For oil Brent crude is up 0.8% to $US48.18 a barrel while West Texas Intermediate dropped 0.4% to $US45.53 a barrel
  • Spot gold declined 1.5% to $US1787.79 per ounceĀ 

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Good Morning

Good Morning and welcome to Markets Live for 30 November.

Your editors today are Alex Druce and Lucy Battersby. It is the last trading day of the month and there is lots of positive momentum. It is likely a new record for biggest monthly gains is going to be set this afternoon.

This blog is not intended as financial advice.

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Source: Thanks smh.com