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    0.7512
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    7,342.20
    +106.90 (+1.48%)
     
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ASX rises, all eyes on today's consumer data

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·Contributing editor
·2-min read
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Here's everything you need to know in finance markets for today. Source: Getty
Here's everything you need to know in finance markets for today. Source: Getty

Good morning.

Here's everything you need to know for finance markets today.

ASX: The Australian share market looks set to push higher on Tuesday despite a poor start to the week on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 16 points or 0.2 per cent higher this morning.

Wall Street: On Wall Street, the Dow Jones dropped 0.15 per cent, the S&P 500 fell 0.25 per cent, and the Nasdaq tumbled 0.4 per cent.

AUD: The Australian dollar is trading at 0.7779 to the US dollar as at 7.45am this morning.

Oil: Energy producers could be on the rise today after oil prices pushed higher. According to Bloomberg, the WTI crude oil price is up 1.5 per cent to US$66.35 a barrel and the Brent crude oil price has risen 1.2 per cent to US$69.53 a barrel. Oil prices climbed on global economic recovery hopes.

Gold: Gold miners could have a solid day after the gold price jumped overnight. According to CNBC, the spot gold price is up 1.55 per cent to US$1,866.60 an ounce. Weakness in stocks and bond yields drove the gold price to a three-month high.

Consumer sentiment: The weekly ANZ-Roy Morgan consumer confidence survey is due out today.

Budget spending: Treasurer Josh Frydenberg says last week's big spending budget is aimed at securing Australia's economic recovery, pushing unemployment lower and building confidence to encourage households to spend. Roy Morgan figures on Tuesday will give an idea as to whether he has been successful on the latter.

Disability jab: Health Minister Greg Hunt has defended the pace of the vaccine rollout in residential disability care despite only a sliver of the high-priority group receiving a coronavirus jab. On Monday he said 999 disability care residents and more than 1500 workers had received their jabs, despite being in the first phase of the rollout. There are an estimated 23,000 people in disability residential care.

Workplace diversity: Australian businesses need to do more than simply asking staff "where are you from" to comprehend workplace cultural diversity with many businesses found to be failing to properly measure the breadth of their talent's cultural background.

Supercharge creativity: You've got what it takes to be inventive and innovative – you just don't know it yet. Here are five ways to supercharge your creativity.

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