- SPI futures were down 0.4% and pointing to early losses for the ASX200. The market had its best session in nearly two weeks on Tuesday and closed at 7067.9
- Megacap tech firms Apple, Amazon, Microsoft, and Tesla were weak overnight, weighing Wall Street lower. The S&P500 slipped 0.7%, the Dow rose 0.1%, and the Nasdaq plunged 1.9%
- ANZ will pay shareholders an interim dividend of 70 cents per share, as the Big Four lender reports its first-half cash profits jumped by 28% to $2.99b
- Spot gold and iron ore were unchanged, while oil prices continued to climb. Brent crude rose 2.7% to $US69.39 a barrel and US oil was up 2.6% to $US66.17 a barrel
- The Australian dollar is buying 77.09 US cents, down from a high of 77.66 US cents on Tuesday
ASX futures down 26 points or 0.4% to 7009 at 8.30am AEST
- Australian dollar at 77.09 US cents
- Wall Street: Dow +0.1%, S&P500 -0.7%, Nasdaq -1.9%
- Europe: Stoxx50 -1.9%, FTSE -0.7%, DAX -2.5%, CAC -0.9%
- Spot gold flat at $US1779.07 per ounce
- Brent crude +2.7% to $US69.39 a barrel, US oil +2.6% to $US66.17 a barrel
- Iron ore flat at $US188.85 a tonne
- 10-year yield: US 1.58% Australia 1.75% Germany -0.24%
- Bitcoin -2% to $US53,700; Ethereum -4.2% to $US3260
Good morning everyone, and welcome to today’s Markets Live blog. Alex Druce and Lucy Battersby will be taking you through the news today.
The ASX200 is expected to slip after a dire session for tech stocks on Wall Street last night.
We’ll have more from the Macquarie Australia Conference, as well as building approvals data from the ABS.
This blog is not intended as financial advice
Source: Thanks smh.com