ASX live trading: shares to rise; China boosts debt in stimulus measures
Local shares poised to open higher. TPG sells fibre, EGW assets to Vocus in blockbuster deal. Investors await jobs data this week. New bosses at Lendlease, Pacific Smiles. BCA puts councils performing poorly on housing on chopping block.
Welcome to the Trading Day blog for Monday, October 14. The ASX 200 is set to open higher.
ASX 200 futures are 0.6 per cent higher to 8296 points.
Friday on Wall Street, the S&P 500 rose 0.6 per cent, the technology-focused Nasdaq Composite Index gained 0.3 per cent and the Dow Jones Industrial Average closed 1 per cent higher.
US 10-year bond yields were last at 4.073 per cent.
Oil prices are were last lower, with global benchmark Brent at $US78.76 per barrel and WTI Nymex trading at $US75.49 per barrel.
Gold futures were sitting at $US2674.20 per ounce.
The Aussie dollar is trading around US67.39c.
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