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Live: ASX to open higher, global stocks rise on hope of revived China demand

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The Australian share market is likely to start the day higher, tracking gains on Wall Street, while oil prices continue to fall on fears of a global economic slowdown.

Welcome to our markets live blog, where we'll bring you the latest price action and news on the ASX and beyond.The Dow Jones index rose 0.

3 per cent, the SAt the same time, ASX futures were up 18 points or 0.3 per cent, to 7,199.Brent crude oil was down 1.2 per cent, trading at $US76.24 a barrel.Share post

 

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