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The ASX200 is tipped for a slight decline out the gate with futures down -0.09% at 8.50am AEST.
US markets finished up overnight making modest gains.
Overnight, US job openings came in at a three year low in further evidence of a cooling US economy.
Later on this morning we get Australian QoQ GDP growth data which the RBA will use in its ongoing quest towards rate cuts.
Looking at companies on the ASX, and Northern Minerals (ASX:NTU) has been the subject of a hacking attack, according to early reports.
The company was the recent subject of an order from Canberra ordering Chinese shareholders to sell down their stakes.
Staying with miners, MTM Critical Metals (ASX:MTM) has teamed up with Murdoch University to investigate new processing methods.
The company’s geotechs are striving for something called flash joule heating technology which can be used to enhance ore recovery from waste.
Finally, Oklahoma-based Brookside Energy (ASX:BRK) have issued an update on drilling operations at Rocket Well as the asset heads for total depth.
Once complete with all cards in order, this latest well will join Brookside’s portfolio of oil producing assets for sale into US markets.
In commodities, brent crude is down -1.42% to US$77.25/bbl, uranium is up 1.41% to US$89.85/lb, gold has dipped -0.97% to US$2,327/oz and copper is down -2.63% to US$4.54/lb.
In fact, this week, copper is down -6.39%.
That’s market open, we’ll be with you later in the trading day.
