ASX futures turn negative on late Wall St retreat

ASX futures turn negative on late Wall St retreat

Australian stocks are poised to start straight straight down as Wall Street’s rally ended up being cut brief by remarks 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 neighborhood money traded 0.2% lower.

Fed policymakers earlier in the day overnight opted to help keep the bank that is central key price range unchanged, as you expected. It made a few technical modifications to other prices. The policymaker statement that is latest had small initial effect on areas. Read More