Business & Finance
Live: ASX to edge higher as US bonds surge
Key Points
live Markets live: ASX to edge higher ahead of RBA meeting as US bonds surge The Australian share market is set to open slightly higher in morning trading ahead of the Reserve Bank's interest rate decision. US bonds surged as Wall Street closed in the red. Meanwhile, the price of oil is trading above $US106 a barrel.
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Markets live: ASX to edge higher ahead of RBA meeting as US bonds surge
The Australian share market is set to open slightly higher in morning trading ahead of the Reserve Bank's interest rate decision.
US bonds surged as Wall Street closed in the red.
Meanwhile, the price of oil is trading above $US106 a barrel.
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
Market snapshot
- ASX 200 futures: +0.1% to 8,727 points
- Australian dollar: +0.03% to 70.16 US cents
- Wall Street: S&P 500 -0.8%, Dow -0.7% Nasdaq -1.1%
- Europe: Dax -0.1%, FTSE -0.1%, Eurostoxx 600 flat
- Spot gold: -4.0% to $US4,114/ounce
- Oil: Brent crude +1.7% to $US106.10/barrel
- Iron ore: -0.4% to $US94.90/tonne
- Bitcoin: +0.1% to $US83,623
- 10-year bonds: US 5.24% Australia 5.44%
Prices current at around 7:05am AEST
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Key Event
ASX to edge higher
Good morning, everyone, and happy Tuesday.
Business reporter Adelaide Miller here to guide you through the morning on the markets blog, where we cover the biggest business, finance and economic stories from across the globe.
We have a big day ahead, as the Reserve Bank meets before delivering its latest interest rate decision at 2:30pm AEST. Tune in for all the updates.
But for now, the ASX 200 is set to open slightly higher in morning trading, with Futures pointing up +0.1% to 8,727 points.
That's as Wall Street closed in the red.
But for now, grab a coffee and see you back here soon!
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