ASX set to slip; Alphabet boosts Wall Street; Bitcoin rises

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Summary

  • ASX futures were down 18 points, or 0.3%, at 6759.0. The local market finished just shy of an 11-month high on Wednesday
  • Wall Street rose for a third straight session overnight, with Google parent Alphabet jumping following its strong quarterly results
  • Oil prices continued to climb, while iron ore rebounded with a 1.9% lift to $US152.65 a tonne. The Aussie dollar is buying 76.23 US cents 
  • Bitcoin added about 4% to $US37,262 overnight, and fellow cryptocurrency Ethereum rose more than 7% to a record $US1654

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Good morning everyone, and welcome to Markets Live.

Alex Druce is running the show today, so drop him a line int he comments, or at [email protected] if you’ve got a hot tip.

Looks like the ASX 200 is in for a weak start.

This blog is not intended as financial advice

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