Market snapshot
- ASX 200: -1.33% to 8923.2
- Australian dollar: -0.1% at 70.82 US cents
- Wall Street: S&P 500: -1.5% Nasdaq: -2.1%
- Europe: EuroStoxx: -0.5% DAX: flat
- Spot gold: +1.2% to $US4,978/ounce
- Brent crude: -0.1% to $US67.42/barrel
- Bitcoin: +0.6% to $US66,603
Price current around 2.32pm AEDT
Live updates on the major ASX indices:
Gold, silver under pressure… Bitcoin could retest low: AMP
The ABC Business team has been given an early copy of AMP’s weekly investor note from chief economist, Shane Oliver.
Here’s Oliver update on commodities markets:
Gold and silver remained under some pressure, but gold looks to have bottomed and is likely to be supported by ongoing erratic US policy…
