Pre-Market Report – Tuesday 7 May: ANZ Results | RBA - No Change Expected

The Dow Jones Industrial Average climbed 176.59 points, or 0.46%, to close at 38,852.27. It was the fourth consecutive winning session for the 30-stock index. The S&P 500 advanced 1.03% to end at 5,180.74, and the Nasdaq Composite gained 1.19% to reach 16,349.25.

ASX to rise. SPI Futures up 38 points (+0.49%).

• London’s LME closed overnight for the Early May Bank Holiday.
• Gold +0.88%.
• Oil prices edged higher as ceasefire talks between Hamas and Israel failed to materialise.  WTI +0.56% and Brent Crude +0.38%.
• 10Y Bond Yields – US 4.487%, Australia 4.386%, and Germany 2.465%.
• Currencies – AUD -0.02%, USD Index +0.06%, Euro -0.02%, and Bitcoin -0.50%.

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