ASX set for flat open, Wall St awaits CPI data
Timothy MooreBefore the Bell editor
Updated
Australian shares are poised to open flat, tracking modest moves in New York where markets are mostly in a wait-and-see mode before the release of February CPI data at 11.30pm AEDT.
Iron ore tumbled 6.8 per cent to $US107.35 a tonne in Singapore trading on Monday. Both gold and oil were relatively little changed. Bitcoin topped $US72,000.
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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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