Good morning and welcome to another day on the ABC markets and finance blog.
Stephen Letts from ABC business team limbering up for a blow-by-blow coverage of the day’s events, where every post is hopefully a winner, but none should be construed as financial advice.
With Wall Street closed on Friday, the best guide to how things are likely to unfold today are the ASX 200 futures.
When trading closed on Saturday morning, the futures were pointing to a 0.2% fall on opening — in keeping with the decline on European markets after the fragility of the ceasefire deal was exposed (again).
The collapse of peace talks in Switzerland this morning and on-going threats to close the barely reopened Strait of Hormuz will do little to trading improve sentiment.
On the corporate front, Metcash is expected to release its FY 2026 results this morning, but given it was effectively pre-released last month, no ructions are expected.
As always, the game’s afoot, so let’s get blogging.
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