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ASX set for flat open, Wall St awaits CPI data

Timothy MooreBefore the Bell editor
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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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    Original URL: https://www.afr.com/markets/equity-markets/asx-to-slip-wall-st-awaits-cpi-data-20240312-p5fbm2