Business
ASX set for gains as global shares jump; oil up on Middle East tensions – Sydney Morning Herald
Global shares rose for the 11th day in a row to reach a fresh peak on optimism about the rollout of COVID-19 vaccines.
The Australian sharemarket is set for gains, with futures at 5.03am AEDT pointing to a jump of 26 pointas, or 0.4 per cent, at the open.
Later in the week, all eyes will be on the release of minutes from the US Federal Reserves January meeting, where policymakers decided to leave rates unchanged, for hints about the likely direction of monetary policy.
Those concerned about the impact of market exuberance on the outlook for inflation will also have fresh data to parse, with Britain, Canada and Japan…
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