- The ASX 200 gained 0.9% to 6868.9 points on Monday. ASX futures were up 27 points this morning.
- US markets were closed overnight for the Presidents Day holiday. Chinese indices are still on a break for Lunar New Year.
- Brent crude rose 1.3% to $US63.25 a barrel, and West Texas Intermediate was up 1.1% to $US60.12
- NAB’s first-quarter cash earnings are up 1% to $1.65 billion. Revenue fell 3%, reflecting lower markets and treasury income
- BHP will pay a record $US1.01 per-share interim dividend as profit from operations rises 17 per cent to $US9.8 billion
Good Morning and welcome to today’s Markets Live. Your editors are Alex Druce and Lucy Battersby.
It’s a busy day ahead with the minutes from 2 February Reserve Bank Board meeting coming out at at 11.30am.
Results this morning are expected from BHP, Brambles, ARB, Adairs, Sims, Breville, Domain Group, Ansell, GWA Group, and NAB, which is reporting first quarter earnings only. A few stocks are going ex-dividend, including Computershare, IAG, Magellan Financial, and IPH.
This blog is not intended as financial advice
Source: Thanks smh.com