S&P/ASX 200 (INDEXASX:XJO) (ASX:XJO) futures are pointing to a stronger start this morning after US markets posted solid gains overnight and our dollar weakened.
The S&P 500 Index (INDEXSP:.INX) closed up 27.07 or +0.84% to 3,257.85 and the Nasdaq Composite (INDEXNASDAQ: .IXIC) closed up 119.58 or +1.33% to 9,092.19.
The AUDUSD has taken a breather from its recent gains down 0.4% overnight to 0.6987.
Gold continues its recent upward move trading up $US11 or +0.74% to US$1,528 per ounce while WTI Crude Oil was down 0.18% to US$61.17 per barrel.
There is no economic data set for release in Australia today but tonight there is a number of data points being released in the US including monthly ISM Manufacturing PMI and FOMC detailed meeting minutes.
[REPORT] Morning Report: US sharemarkets rose on Thursday to record highs. Investors were encouraged by the latest stimulus measures in China and easing of trade tensions https://t.co/GLQXBa9QPw #ausbiz pic.twitter.com/cqonztEdCo— CommSec (@CommSec) January 2, 2020