ShukriMahadi

set to open marginally higher

Long
EIGHTCAP:ASX200   Australia 200 Cash
Australian shares are set to open marginally higher on Tuesday, likely boosted by gold and mining stocks on the back of strong underlying prices, while investors exercised caution ahead of a key U.S. inflation reading later in the week.

The local share price index futures (YAPcm1) rose 0.6%, a 2.0-point premium to the underlying S&P/ASX 200 index
XJO
close. The benchmark fell 0.5% on Monday.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.