Before the Bell: ASX to open flat, $A falls, Wall Street struggles for direction

📆 10/11/2023 5:29 PM
📰 FinancialReview

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Australian shares are set for a lacklustre open. Oil eases as Israel-Hamas conflict impact uncertain. US CPI data pending. Bitcoin lower.

Australian shares were set for a muted open, reflecting a struggle for direction on Wall Street. Oil prices eased; Exxon Mobil announced its biggest acquisition in decades. US 10-year yield extends pull back.On Wall St at 1.15pm: Dow -0.1% S&P -0.05% Nasdaq +0.2%

Bond yields may have fallen back from their recent peak, but billionaire Paul Tudor Jones remains concerned the relief will be short-lived. He says steer clear of stocks, but his alternative isn’t for everyone.Bruce Mathieson jnr, whose family controls 15 per cent of the Dan Murphy’s owner, said he did not approve a letter rejecting criticisms levelled by his father.Bitcoin -2.5% to $US26,702 at 4.22 am AEDTStoxx 50 -0.1% FTSE -0.1% CAC -0.4% DAX +0.2%Iron ore +1.6% to $US112.

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Before the Bell: ASX futures flat, oil rises, US stocks edge higherAustralian shares are set to open up on Tuesday. Brent was up though steady. Energy shares rallied in New York. Bitcoin eased.
Source: FinancialReview - 🏆 2. / 90 Read more »