ASX Market Open: Australia stocks track higher despite sluggish US performances after Fed comments | November 15, 2024

The Market Herald11-15 06:16

The ASX200 is set to open 0.44% higher today, despite weak performances on Wall Street after US Federal Reserve Chair Jerome Powell suggested rates would not be cut anytime soon. The S&P 500 and ...

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The producer price index for October showed a 0.2% rise – meeting expectations – though core PPI was higher than forecasts, while the consumer price index for October also aligned with expectations but suggested ongoing inflation pressures.\nOn the ASX, Auric Mining Ltd (ASX:WJ) has reported an assay grading more than 10 grams per tonne from reverse circulation drilling at the Fugitive prospect, as part of a program targeting this and also the Anomaly 37 prospect – both part of its Spargoville Gold Project in Western Australia.\nAnd Neurotech International Ltd (ASX:NTI) said patients taking part in clinical trials for its cannabinoid drug therapy NTI164 to treat Paediatric Autoimmune Neuropsychiatric Disorders Associated with Streptococcal Infections (PANDAS) and Paediatric Acute-Onset Neuropsychiatric Syndrome (PANS) showed a reversal of immune system dysregulation.\nTo commodities – all in US $ here: Iron ore is $102.88 on the Singapore Exchange, gold’s trading at $2565, Brent crude is $72.42 & natural gas is $2.76 a gigajoule.\nOne Aussie dollar is buying just under 65 US cents.\nJoin the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483652359"}