ASX flat on light volume while US futures jump; ANZ flags $196m Suncorp Bank charge

The sharemarket was flat on light volumes as investors awaited key inflation data. Mosaic Brands enters receivership with KPMG appointed. ASX Limited hit by first strike against remuneration report. 

That's all from the Trading Day blog for Monday, October 28. The ASX 200 index closed flat as gains in tech, consumer discretionary, materials and health care stocks were offset by losses in gold miners, energy, property and financials. ASX Limited was been hit by a first strike against its remuneration report at its AGM.

The ASX 200 closed up 0.1 per cent at 8221.5 on light volume. 

US stock index futures and US bond yields rise as crude oil and gold prices fall after Israel limited its weekend attack on Iran to military targets.

Investors are awaiting the release of key domestic inflation data on Wednesday that will help the Reserve Bank decide when to cut interest rates. US jobs data is also due out later this week.

ASX Limited has been hit by a first strike against its remuneration report.

The Australian dollar is trading around US66.10c.