ASX to slip as commodities extend gains
Share
Australian shares are poised to open lower, as selling in Wall Street offset rising prices for commodities and optimism about the global economic outlook.
Gold, oil, iron ore as well as copper, nickel, aluminium and lead advanced overnight.
ASX futures down 13 points or 0.2 per cent to 6700 near 8am AEDT; they had been 15 higher at 7am AEDT. The currency was up 0.6pc.
In New York, US stocks were mixed with the Dow barely higher and both the S&P 500 and Nasdaq lower. The Nasdaq slumped 2.5 per cent, with a late surge in selling extending losses.
Key Events This Busy Week: Powell, Stimulus And More Inflation Cues
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
JK premjeras ketina užbaigti karantiną, paskiepijus trečdalį suaugusių gyventojų
15min.lt - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 15min.lt Daily Mail and Mail on Sunday newspapers.