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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.

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“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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