Live updates: Wall Street mixed ahead of Trump deadline, oil price slips, ASX marginally positive
Market snapshot
- ASX 200 futures: +0.1% at 8,770 points
- ASX 200 (Tuesday): +1.7% to 8,729 points
- Australian dollar: +0.8% to 69.74 US cents
- Wall Street: S&P500 +0.1%, Dow -0.2%, Nasdaq flat
- Europe: Dax -1.1%, FTSE -0.8%, Eurostoxx -1.1%
- Spot gold: +1.4% to $US4,713/ounce
- Oil: Brent crude -2.6% to $US112.02/barrel, WTI -0.4% to $US112.02/barrel
- Iron ore: -0.1% to $US106.50/tonne
- Copper (LME): -0.7% to $US12,348/tonne
- Bitcoin: -0.8% at $US69,241
Prices current at around 7:00am AEST
Good morning
Good morning and welcome to another day on the ABC markets and finance blog.
Stephen Letts from ABC business team limbering up for blow-by-blow coverage of the day’s events, where every post is hopefully a winner, but none should be construed as financial advice.
In short, the market looks in a state of flux, with the ASX priced to make a marginal gain as Donald Trump’s deadline to Iran to open the Strait of Hormuz ticks down.
Wall Street’s response overnight was mixed, although the momentum at the closing bell was largely positive and oil prices slipped a tad.
ASX 200 futures have switched from being marginally negative around midnight to pointing to a 0.1% gain on opening, but a lot can change in the next couple of hours ahead of the 10am (AEST) deadline/ASX opening.
As always, the game’s afoot, so let’s get blogging.
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