Learn more

Good morning and a happy Tuesday. The local bourse is set to rise .50% according to ASX200 futures around 8.30am Sydney time. That sentiment comes on the back of – you can probably guess it – a strong night on Wall Street. Clearly, last week’s slightly higher than expected US CPI read hasn’t been enough to touch the sides of worry. The culprit in this case is another batch of US earnings reports. In forex, the Aussie is buying 67 US cents. Looking at commodities which are in the greenback, Iron ore has climbed back to $107/tn in Singapore, Brent crude is fetching $75 per barrel, down slightly …

cuu