ASX Rebound Expected; AUD Strengthens

0:00It's March 9th, here's your Sydney news in two minutes. Australian shares look set for a rebound today, after a sharp drop yesterday. The ASX200 futures point to a 2.1% gain, which would take the index to 8,751 points when markets open at 10am on the east coast. This comes after the index fell almost 3% in the previous session. The shift follows a positive close on Wall Street overnight. The Dow Jones rose half a percent to 45,740 points. The S&P 500 climbed 0.8% to 6,795, while the tech-focused NASDAQ jumped 1.4% to 22,695. Traders are watching other key moves too. The Australian dollar strengthened 0.6% to 70.7 U.S. cents. Commodities were mixed with iron ore up 0.9% to $101.91 per ton, while Brent Crude did

1:000.7% to $91.96 per barrel. Bitcoin surged 4.5% to $68,962, and spot gold eased half a percent to $5,137 per ounce. Even markets lagged, with the FTSE down 0.3%, and Euro stocks off 0.7%, will have live updates as the ASX opens, and through the trading day, bringing you the latest from the business desk. Quick thanks to today's sponsor. See the description for more. Your pillow, your podcast, your moment, made for listening in bed, solypilo.com