Live: Renewed Gulf hostilities put markets on edge, ASX poised for marginal gain

live Markets live: Renewed Gulf hostilities put markets on edge, ASX poised for marginal gain Wall Street closed the week lower as sentiment was weighed down by escalating tensions in the Middle East, worries about rising interest rates and concerns about the AI and chip-making sectors. When futures trading closed on Saturday morning, local time, the ASX was priced for a marginal gain today. Follow the day's financial news and insights from our specialist business reporters on our live blog. Disclaimer: This blog is not intended as investment advice. Submit a comment or question Live updates Mon 29 Jun 2026 at 6:40am Market snapshot - ASX 200 futures: +0.2% to 8,774 points - ASX 200 (Friday): +0.2% to 8,764 points - Australian dollar: -0.2 to 68.97 US cents - Wall Street (Friday): S&P 500 -0.1%, Dow -0.1% Nasdaq -1.1% - Europe (Friday): Dax -0.2%, FTSE -0.2%, Eurostoxx -0.7% - Spot gold: +1.6% to $US4,088/ounce - Oil: Brent futures -4.3% to $US71.99/barrel, WTI futures -3.7% to $U69.23/barrel - Iron ore (Friday): +1.0% to $US98.50/tonne - Copper (LME): +1.8% to $US13,316/tonne - Bitcoin: +1.3% at $US60,395 Prices current around 7am AEST New: Filters Choose what information you see below by using filters Mon 29 Jun 2026 at 6:39am 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 a blow-by-blow coverage of the day's events, where every post is hopefully a winner, but none should be construed as financial advice. The ASX appears to be holding up despite Wall Street's retreat on Friday, but then again US markets were dragged down by the tech stocks, a sector that doesn't have an outsized influence here. And there is the not insubstantial question about "when is a ceasefire not a ceasefire?" To the blog's slightly naive view of the world, missiles whizzing around over the Gulf is not a sign of a robust agreement holding. Nonetheless, when trading closed on Saturday morning, ASX 200 futures were pointing to a 0.2% gain, which would be a handy start after the market shed 0.7% last week. Whether that marginally positive sentiment holds will be answered in a couple of hours. The corporate and macro calendars are looking a bit empty today, but as always, the game's afoot, so let's get blogging. Loading [Image text:] ASX LAST VOL BID OFFER STOCK 0.000 0.255 0.205 0.105 HIGHTECH METAL 0.205 0.185 0.035 0.036 HIGHFIELDRESOU 0.035 0.970 0.970 0.965 HILLGROVE RESOI 000'0 GROUP 0.050 AGES 0.043 0.000