Before the Bell: ASX futures flat, oil rises, US stocks edge higher

ASX futures were up 14 points or 0.2 per cent to 7016 near 4.30am AEDT.In New York: BHP -1.9% Rio -1.9% Atlassian +1.5%The local currency was 0.2 per cent higher; the Bloomberg dollar spot index was little changed.In a note, LPL Financial said in keeping with the Federal Reserve’s ‘higher for longer’ mantra and the surge in yields it was revising higher its forecast for the US 10-year yield.

: “Dow Theory remains bullish since the July reversal although both the Industrials and Transports are considerably off their 2023 highs. The Nasdaq Composite index is setting up for a counter-trend rally on the daily chart while the Russell 2000 broke down out of a longstanding compressing range .

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

ASX 200: ASX to rise; eyes on oil; Macquarie embraces AI to beat the marketShares are set to open higher; oil in focus amid geopolitical tensions in the Middle East; Wall Street shrugs off better than expected US jobs figures. Follow here for more.
Bron: FinancialReview - 🏆 2. / 90 Lees verder »

ASX 200 climbs as mining, oil stocks rally; $A slips after Hamas’ Israel attackThe sharemarket climbed as energy and gold stocks rallied; $A slips as investors pile into the greenback; Wall Street shrugs off robust US jobs figures. Follow here for more.
Bron: FinancialReview - 🏆 2. / 90 Lees verder »