Live updates: ASX expected to rise while US and UK markets stay closed for public holidays

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Locally, fresh retail trade figures released this morning will give further insight into how the Australian economy is performing. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog.

While US and UK markets stay closed for public holidays, ASX 200 futures are poised higher on Tuesday. Locally, fresh retail trade figures released this morning will give further insight into how the Australian economy is performing.

Typically, this can be a sign of a hot property market, where investors are flipping houses and apartments to make a quick buck. Australian retail trade for April is set to be one of the more exciting data releases this morning, expected for 11:30am AEST. We have some good longer reads for you this morning from the ABC's business team and wider network journalists.Behind the smiles and sold stickers, there are early signs of illness in Australia's property market

 

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