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Markets Live: ASX to take lead from trade talks

Here are the overnight market highlights:

SPI futures up 16 points or 0.3% to 6203

AUD -0.4% to 70.65 US cents

On Wall St at near 4pm: Dow flat S&P 500 flat Nasdaq -0.2%

In New York, BHP -1.2% Rio -0.2% Atlassian +1.7%

In Europe: Stoxx 50 +0.6% FTSE +0.4% CAC +0.8% DAX +0.1%

Spot gold -1% to $US1295.85 an ounce at 1.38pm New York time

Brent crude -0.4% to $US67.29 a barrel

US oil +0.5% to $US58.56 a barrel

Iron ore +2.9% to $US87.26 a tonne

Dalian iron ore +0.7% to 622 yuan

LME aluminium -0.2% to $US1903 a tonne

LME copper -1.1% to $US6404 a tonne

2-year yield: US 2.46% Australia 1.58%

5-year yield: US 2.43% Australia 1.59%

10-year yield: US 2.63% Australia 1.97% Germany 0.08%

US-Australia 10-year yield gap as of 7.10am AEDT: 66 basis points

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