ASX futures lower, but iron ore prices keep rising



  • ASX futures are down 10 points or 0.2% to 6661 and hint at an early retreat for the local benchmark
  • Overnight on Wall Street the Dow Jones closed -0.5% lower and the S&P 500 fell -0.2%, but the Nasdaq gained +0.5%
  • Iron ore has risen further, up another 1.3% to $US146.93 a tonne. Spot gold is up 1.2% to $US1863.90 an ounce.
  • The Aussie dollar is at US74.23 cents and hit an overnight high of 74.53 US cents, its best in more than two years

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Guten Morgen, and welcome to today’s Markets Live blog. Your editors for today are Lucy Battersby and Alex Druce.

Iron ore’s march continues but the ASX 200 is set for a soft open after a mixed Wall Street session.

This blog is not intended as financial advice.

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