ASX set for soft start; Iron ore tops $US160; Aussie above US75c

Summary

• ASX futures are flat at 6630.0 points and hint at a subdued start for the local benchmark, after Wall Street eased into the weekend
• The ASX 200 closed lower on Friday but still managed to rise 0.1% for a sixth straight weekly gain. The index is 1.9% ahead for December
• Iron ore prices continue to climb, adding another 2.3% to $US160.13 a tonne. 
• The Aussie dollar has also continued its march, hitting its highest since June 2018. The currency is worth US75.50 cents on Monday morning