ASX SPI futures -0.5pc at 6,718, ASX 200 +0.7pc at 6,753US: Dow Jones flat at 27,891, S&P 500 +0.2pc at 3,140, Nasdaq +0.4pc at 8,650
Commodities: Brent crude -0.8pc at $US63.82/barrel, spot gold +0.8pc at $US1,475.22/ounce, iron ore +1.2pc at $US94.67/tonneWestpac will attempt to avoid a shareholder revoltThe bank received a record"first strike" vote of more than 62 per cent against its executive remuneration plan at last year's AGM.— it could trigger the vote for a board spill.It also lifted sharply to 52.
Australia's record-low cash rate, in comparison, is 0.75 per cent and is expected to fall even lower by February 2020.
Source: News Formal (newsformal.com)
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