ASX Set for Higher Open, Global Markets Rally
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Australian shares anticipate a higher opening today, with ASX two hundred futures rising 0.3% to 8735 points, following Wall Streets strong performance. The Dow, S&P 500, and Nasdaq all closed higher, with the Nasdaq jumping 1.2%. European markets also surged, with Stoxx 600 up 2.5%, DAX up 2.7%, and FTSE up 1.9%. The Aussie dollar strengthened 0.3% to 69.22 US cents. Energy stocks lagged on Wall Street, but overall, traders are optimistic about broad gains. Gold surged 2.2% to $4772 per ounce, while Brent crude oil dipped 2.8% to $101.11 a barrel. Iron ore edged up 0.8% to $160.30 a tonne, and Bitcoin held steady around $68171. The ASX is expected to open positively, setting a solid tone for the trading day.
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