Business & Finance
Live: ASX to open lower as the price of oil drops
Key Points
live ASX to open lower following moves on Wall St as the price of oil drops, live updates The Aussie share market is set to open lower in morning trading, as Wall Street closes up in the red. Meanwhile, the price of oil has dropped. Follow the day's financial news and insights from our specialist business reporters on our live blog.
live
ASX to open lower following moves on Wall St as the price of oil drops, live updates
The Aussie share market is set to open lower in morning trading, as Wall Street closes up in the red.
Meanwhile, the price of oil has dropped.
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.
Live updates
Key Event
Thu 2 Jul 2026 at 7:18am
Market snapshot
- ASX 200 Futures: -0.2% to 8,693 points
- Australian dollar: +0.1% to 68.94 US cents
- Wall Street: S&P500 -0.2%, Dow -0.03%, Nasdaq -1.5%
- Europe: FTSE -0.2%
- Spot gold: +0.6% to $US4,030/ounce
- Oil: -2.5% to $US71.16/barrel
- Iron ore: -1.1% to $US97.90/tonne
- Bitcoin: +0.6% to $US60,426
Prices current at around 7:15am AEST
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Key Event
Thu 2 Jul 2026 at 7:30am
ASX to open lower
Good morning everyone and happy Thursday!
I hope it's a sunny morning wherever you are.
Business reporter Adelaide Miller kicking off the finance blog this morning, covering the latest stories on the economy.
To start with, the ASX looks like it will open lower this morning, with Futures pointing down -0.3% to 8687 points.
The Aussie dollar is trading at about 69 US cents.
I'll provide a detailed breakdown of Wall St soon as it closes in the red.
But for now, grab yourself a coffee and see you back here soon!
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[Image text:] ASX
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OFFER
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MORELLA
0.015
0.016
0.015
31T
NEUROTEC
MORPHIC ETHICAL
1.115
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NEW FRO
0.0000.000
0
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0390.0.385
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NEWML
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