ASX futures lift nearly 1pc after heavy losses on Tuesday. Wall Street looks to snap four day losing streak. Tesla sinks. US treasury yields climb. Follow the latest here.
Australian shares are set to open higher even after US stocks suffered and the Bank of Japan caught markets off guard. US Treasuries slumped.The local currency was down 0.7 per cent to 66.55 US cents.
US stocks oscillated between gains and losses in a volatile session, with technology shares still under pressure after last week’s hawkish central bank turn. Treasuries slumped, with the global bond market digesting the Bank of Japan’s sudden increase in its yield trading band.Local: 10.30am - Westpac leading index November; 11.30am ABS Data: Tourism Satellite Accounts.ASX futures were up 83 points or 1.2 per cent to 7050 near 6am AEDT.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ASX to drop as Wall Street faces year-end lossesAustralian shares are set to open down as Wall St suffered mixed fortunes with inflation and the Fed still weighing heavily on investors.
Read more »
ASX set to rally despite Wall Street fluctuatingAustralian shares are expected to surge even after US stocks suffered and the Bank of Japan caught markets off guard. US Treasuries slumped. The $A was down.
Read more »
ASX set to rally despite Wall Street fluctuatingAustralian shares are expected to surge even after US stocks suffered and the Bank of Japan caught markets off guard. US Treasuries slumped. The $A was down.
Read more »
Live: ASX set to rise after choppy day on Wall StreetAustralian shares are in for a positive day, after a volatile session on Wall Street. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
Read more »
ASX to open lower with Wall Street on track for year-end lossesAustralian shares are set to open down as Wall St suffered mixed fortunes with inflation and the Fed still weighing heavily on investors.
Read more »
ASX LIVE: Australian shares top drop; Wall Street extends routAustralian shares are set to open down; S&P 500 and Nasdaq end lower, inflation, Fed weighing on investors; RBA December minutes ahead; follow for updates.
Read more »