ASX futures rise, Wall St rallies on Fed, oil | afr.com

ASX futures rise, Wall St rallies on Fed, oil Share On Wall Street, shares were mostly higher with all three major benchmarks up at midday. Richard Drew by Timothy Moore
Australian shares are poised to open higher, as the Fed’s optimistic outlook bolstered a rally on Wall Street. ASX futures were up 12 points at about 5.15am AEDT. The Australian dollar was 0.9 per cent higher, retopping the US77¢ mark. The greenback sank as the Fed pointed to three rather than four hikes this year, though a pot…

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