Iron ore prices down 5.9%, Dow Jones closes down 0.1% and ASX futures down ahead of market open in Sydney
- Dow Jones closes down 48.2 points (-0.1%).
- ASX futures trading lower with ASX set to fall 17 points (-0.24%).
- Bitcoin is trading at US$49,000.
The Dow Jones fell 0.14% to finish the trading day down 48 points to close at 35,313 points.
Earlier, markets in Europe were mixed as London’s FTSE finished up 0.42% while Germany’s DAX finished the trading day lower.
Asian markets are set to open lower with ASX futures down 17 points (-0.2%) ahead of the open in Sydney.
The Australian dollar is firm against the major currencies and is buying 73.67 US cents.
Gold is trading at US$1,816 per ounce while copper is at US$4.28 per pound.
WTI Crude oil is selling for US$68.25 per barrel while Brent oil is higher at US$71.29 per barrel.
The spot iron ore price continued its slide, trading 5.9% lower at US$143.55 per ton and one bitcoin is worth US$48,685 going into the Asian trading day.
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