Business
ASX to rise, techs rally on Wall Street – The Australian Financial Review
Australian shares are poised to rise. Apple and Microsoft paced gains in New York. Tesla rebounded. Bitcoin steadied. Iron ore and oil were lower.
Shares of Oprah Winfrey-backed Oatly Group jumped 30 per cent in their market debut in New York, valuing the Swedish oat-milk maker at about $US13 billion, as demand for plant-based food products surges globally.
Oil prices fell more than 2 per cent and were on track for a third day of losses after diplomats said progress was made toward a deal to lift sanctions on Iran, which could boost crude supply.
Gold steadied near the highest level in more than four months. It appears as though the recent…
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