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ASX to edge up, Nasdaq leads modest Wall Street gains


ASX to edge up, Nasdaq leads modest Wall Street gains
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Australian shares are set to edge higher at the open as US stocks edged higher in New York.
ASX futures were up 8 points or 0.1 per cent to 7098 near 6am AEST. The currency slipped. The yield on the US 10-year yield was 2 basis points higher to 1.58 per cent near 4pm in New York.
Bitcoin was trading at $US38,409.72 on bitstamp.net at 6am AEST. It earlier bounced off its 200-day moving average around $US40,600 highlighting how difficult it may be for it to regain its upward momentum.
On Wall Street, stocks traded in a narrow range for a second day with the Dow modestly positive and the S&P 500 up 0.2 per cent near 4pm in New York. The Nasdaq advanced 0.6 per cent. ....

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