ASX Futures Down, Oil Prices Surge

0:00On March 11th, here's the latest out of Sydney. The Australian share market looks set to open lower this morning, with ASX 200 futures pointing down 0.5% to 8000. 683 points. This follows a down day on Wall Street, where the Dow Jones fell 0.6%, the S&P 500 dropped 0.2%, and the NASDAQ edge lower by just 0.04%. Meanwhile, oil prices are staying elevated, with Brent Crude jumping 5.3% to $92.47 per barrel. That's largely due to ongoing tensions from the war in the Middle East, keeping supply worries, front and center. Markets in Europe also closed in the red overnight, as the stock 6600 slipped 0.6%, Germany's DAX tumbled 1.4%. Percent, and Britain's FTSE, fell 0.6%, traders seem cautious amid global uncertainties. On the commodities front, spot-gold dib 0.3% to $5,179 per ounce, while iron ore rose, 0.5% to $104.25 per ton.

1:10Bitcoin nudged up 0.4% to $70,544. The Australian dollar strengthened the bid, too, gaining 0.5% to sit at 71.54 U.S. since. Keep an eye on these moves as the trading day unfolds. This episode is brought to you in partnership with our sponsor. Do not just fall asleep. Drift into what you are listening to. S-O-L-L-I-S-O-L-I-SoliPillow.com