ASX futures turn negative on belated Wall St retreat

ASX futures turn negative on belated Wall St retreat

Australian stocks are poised to open straight straight down as Wall Street’s rally had been cut brief by responses from Federal Reserve president Jerome Powell.

ASX futures had been down 10 points or 0.1per cent to 6954 at about 8.30am AEDT. The regional currency traded 0.2percent reduced.

Fed policymakers early in the day instantly opted to keep the main bank’s key price range unchanged, as you expected. Continue reading “ASX futures turn negative on belated Wall St retreat”