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The ASX200 is expected to open higher today after a mixed close on Wall Street overnight.
After the easter break investors have US inflation and company data to unwrap – in particular, the inflation numbers for March, which may affect the Federal Reserve’s next rates decision in May.
The tech-heavy Nasdaq ended Monday slightly lower by 0.1 per cent, while industrial stocks pushed the Dow Jones up 0.3 per cent.
And the S&P 500 ended the trading day slightly above its starting level at 4109.
In Europe the FTSE was up just over a per cent to 7741.
The aussie dollar is buying just over 66 US cents and 53.6 British pence
Japanese yen has taken a tumble. A market analyst at OANDA, Edward Moya, said investors were growing less confident of any shifts away from the Bank of Japan’s ultra-loose monetary policy stance. Rates are expected to stay on hold at both the April and June meetings.
Meanwhile, Gold has dipped below the $2000 mark and oil is also down, by 0.89 per cent. Iron ore rallied 0.3 per cent to US$117.
