Live: ASX set to rise, ASIC fronts KPMG inquiry

live ASX set to rise after Wall Street rallies, KPMG parliamentary inquiry continues Skip to timeline Wall Street rallied overnight after a senior Federal Reserve official said he would support holding interest rates steady if upcoming data showed inflation pressures were easing. Investors then dialled back expectations of another rate rise, helping push US Treasury yields lower and shares higher. Back home, ASIC faces a day of parliamentary questioning over its handling of the KPMG audit leaks scandal. 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 Pinned Key Event Markets Snapshot - ASX 200: 0.2% to 9,036 points - Australian dollar: +0.4% at 72 US cents - Wall Street: Dow Jones (+1.2%), S&P 500 (+1.06%), Nasdaq Composite (+1.4%) - Europe: FTSE (+0.7%), DAX (+0.6%), Stoxx 600 (+0.5%) - Spot gold: +2.4% to $US4,519/ounce - Oil (Brent crude): +0.15 at $US95.77/barrel - Bitcoin: +5.47% at $US81,422 Prices current at around 6.30 AM AEST Sort New: Filters Choose what information you see below by using filters Filter Posts [Image text:] STOCK BID OFFE