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ASX to edge up, retail sales in focus

Timothy MooreBefore the Bell editor

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Australian shares are poised to edge higher at the open with global bond yields easing as well as oil. Gold topped the $US2000 an ounce mark. Bitcoin is holding above $US37,000. The US 10-year yield fell below 4.40 per cent.

The local focus will be on October retail sales, though investors will be watching for updates on Black Friday and Cyber Monday sales too.

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Timothy Moore writes on equities, commodities and monetary policy. He writes Before the Bell and contributes to the Markets Live blog. Connect with Timothy on Twitter. Email Timothy at timothy.moore@afr.com

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    Original URL: https://www.afr.com/link/follow-20180101-p5en88