Breakfast Briefing – Tue 1 Mar

US markets were mixed but managed to perform better than the futures expected at the close yesterday afternoon. The Dow Jones fell 0.49% while the Nasdaq gained 0.41%. Russia has begun to hit back on the increasing sanctions implemented by western countries, as the Russian central bank hikes interest rates. SPI Futures are up 21 points with oil and iron ore both firming overnight. Catch up on the latest news with Henry’s Breakfast Briefing.

• ASX 200 SPI Futures up 21.
• Dow rallies hard off lows to close down only 166 points (0.5%)
• Nasdaq up 57 points (0.4%) Tesla pops 7%.
• US 10- year yields back to 1.82%
• Commodities higher. Oil up 3.1%
• Gold up 0.7% Iron ore up 4.2%. 

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