Business
ASX to open higher as markets reverse early losses – The Australian Financial Review
Australian shares are set to open higher as US markets rose on the back of promising vaccine news.
“We maintain our preference for emerging markets equities over developed international given the stronger growth prospects of the region.”
Today’s agenda
Local: WBC-MI Consumer Confidence Dec
Overseas data: China PPI November, China CPI November; Japan machinery orders Oct
Market highlights
ASX futures up 21 points or 0.3% to 6709 near 5.25am AEDT
- AUD flat to 74.16 US cents
- On Wall St: Dow +0.4% S&P 500 +0.3% Nasdaq +0.3%
- In New York: BHP +0.4% Rio flat Atlassian +1.5%
- In Europe: Stoxx 50 +0.1% FTSE…
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