Business
ASX set to rise, GameStop rising again, but Nasdaq slumps – ABC News
The Australian share market is set to continue its positive start to the week, while in the US GameStop is rising once again.
The Australian share market is set to continue its positive trend this week.
At 7:45am AEDT, ASX futures were up 0.7 per cent to 6,781.
The benchmark local ASX 200 index closed 0.4 per cent higher on Monday after being up by as much as 1.8 per cent earlier in the session.
Stocks were boosted by the local currency trading down at 76.60 US cents.
CBA analysts are predicting the Australian dollar will slump further.
“The risk in the near term is that AUD moves nearer our end-March forecast of 0.76,”…
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