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What to expect on the ASX today

  • ASX Futures trading lower ahead of the market open in Sydney.
  • Dow Jones closed down 1,164.52 points.
  • Bitcoin is trading at US$30,000.

The ASX Futures is trading down 124 points, or 1.7% lower ahead of the market open in Sydney.

It follows the Dow Jones, which fell 3.6% to finish the trading day down 1165 points to close at 31,490 points.

Earlier, markets in Europe were weaker as London’s FTSE and Germany’s DAX finished the trading day lower.

The Australian dollar is buying 69.75 US cents.

Gold is trading at US$1,815.95 per ounce.

WTI Crude oil is selling for US$109.07 per barrel, while Brent oil is trading at US$108.79 per barrel.

The spot price for iron ore is US$125 per metric tonne and one bitcoin is worth US$29,325 going into the Asian trading day.

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