ASX 200 live: Woodside's North West Shelf decision soon; ALS earnings miss; AMP super class action begins

Market closes at three-month high. Murray Watt makes 'right sounds' before decision on Woodside's $30bn NW Shelf expansion. AMP sued for alleged excessive fees.

A decision by Environment Minister Murray Watt on Woodside's expansion of its North West Shelf gas facility is due within days.

Welcome to the Trading Day blog for Tuesday, May 27. The ASX 200 index closed 0.6 per cent higher to 8407.60, a three-month high daily close.

Wall Street's major indexes are expected to open higher when trading starts on Tuesday (Wednesday AEST) following its Memorial Day break after US President Donald Trump gave the EU more time to negotiate in the wake of a 50 per cent tariff threat.

Cryptocurrency giant bitcoin was above $US108,000 at 5pm AEST.

The Aussie dollar was trading around US64.70c.

Originally published as ASX 200 live: Woodside's North West Shelf decision soon; ALS earnings miss; AMP super class action begins