Australian shares are set to rise as the Dow comes up to its worst half in since 1960 and markets are on track to cap off their worst quarter since the early days of the pandemic.
All three indexes posted their second straight quarterly declines. The last time that happened was in 2015 for the SLocal: CoreLogic dwelling prices June; NZ ANZ consumer confidence June; NZ building permits May Overseas data: China Caixin manufacturing PMI June; Euro zone Markit manufacturing PMI, CPI June; Japan job to applicant ratio May, Japan Nikkei manufacturing PMI June; UK Markit manufacturing PMI June; US Markit manufacturing PMI June, US construction spending May, US ISM manufacturing JuneAUD +0.5% to 69.13 US centsIn New York: BHP -3.1% Rio -2.8% Atlassian %Spot gold -0.5% to $US1,808.21/oz at 1.53pm New York timeIron ore -1.5% to $US120.90 a tonne10-year yield: US 2.98% Australia 3.
The Dow Jones caps off its worst half year since 1960, 62 years ago. How much more to come?