ASX 200 LIVE: Australian shares are poised to open higher, April retail sales data is awaited

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ASX futures up 0.1pc. Gold, silver, copper rise. UK, US markets were closed. Lendlease, BHP and Healthscope in focus. Follow here.

Australian shares are poised to rise modestly to start Tuesday’s session with April retail sales on the agenda. UK and US markets were closed for holidays. Nasdaq 100 futures rose to a record high. Oil rebounded with the focus on an OPEC+ supply meeting on Sunday and US demand at the start of the summer driving season. Metals also rallied, with gold, silver, platinum and copper all higher.

The European Central Bank shouldn’t rule out lowering borrowing costs at both its June and July meetings, Governing Council member Francois Villeroy de Galhau told Germany’s Boersen-Zeitung newspaper. Stocks in focus On Tuesday, Alumina and Neuren Pharmaceuticals both host AGMs. Elders trades ex-dividend. Healthscope is a fiasco for private debt funds – and their unitholders In these situations, unitholders generally find out after the fact just how stressed the positions are.

Source: Financial Digest (financialdigest.net)

 

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