Australian shares are poised to edge higher at the open, after the four-day Easter break. Wall Street turned negative in late trade to start its week after a three-day break.P 500 -0.02% Nasdaq -0.1%The local currency slid 0.6 per cent, slipping below US73.50¢ near 6.15am AEST. The Bloomberg dollar spot index was 0.3 per cent higher. Bitcoin was up 1 per cent to $US40,820 at 6.15am AEST on bitstamp.net.
NAB: “The minutes will be closely parsed for any hints on whether the RBA could contemplate starting its hiking cycle as early as May. Guidance from the post-Meeting Statement hinted rate hikes from June with the Board waiting for “Overseas data: Japan February industrial production; US March housing starts and building permitsAUD -0.6% to 73.48 US centsP 500 -0.02% Nasdaq -0.1%Europe’s major markets closed for Easter breakBrent crude +1.6% to $US113.53 a barrel2-year yield: US 2.
Source: Loan Digest (loandigest.net)
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