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ASX to rise; Virus numbers, vaccine hopes knock sentiment around

Summary

  • ASX futures are up 0.5% on Monday, even after Wall Street slipped into the weekend
  • US markets finished a choppy day in the red on Friday as fears over the pandemic undercut growing optimism about a coronavirus vaccine
  • Spot gold +0.2% to $US1870.99 an ounce, Brent crude +1.7% to $US44.96 a barrel, US oil +1.2% at $US42.42 a barrel, iron ore +0.7% at $US128.83 a tonne
  • A data-heavy week on local shores includes December’s GDP partials, including Private Capital Expenditure, as well as quarterly Construction Work Done

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