Business
Gold surges above $US2,000 for first time, Australian shares to fall – ABC News
Australian shares are expected to fall at the open, while gold has surged to a new record high on the prospect of further stimulus weakening the US greenback.
Australian shares are expected to fall slightly in early trade, while gold has surged to new record highs.
Market snapshot at 7:45am (AEST):
- ASX SPI futures -0.2pc at 5,983, ASX 200 (Tuesday’s close) +1.9pc at 6,038
- AUD: 71.57 US cents, 54.76 British pence, 60.67 Euro cents, 75.65 Japanese yen, 4.982 Chinese yuan, $NZ1.081
- US: Dow Jones +0.6pc at 26,828, S&P 500 +0.4pc at 3,306, Nasdaq Composite +0.7pc at 10,941
- Europe: UK (FTSE) +0.1pc at 6,036, Germany (DA…
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