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Morning Report: ASX to open higher following US & European gains

US & European markets posted solid gains overnight. Participants were relieved to see moderating US producer inflation figures in addition to healthy earnings results from a range of US corporates.

US & European markets posted solid gains overnight. Participants were relieved to see moderating US producer inflation figures in addition to healthy earnings results from a range of US corporates. The S&P 500 rose 1.7%, its biggest lift since March 5; the Nasdaq index added 1.7%, the most since May 20.

https://youtube.com/watch?v=SDOskPzJRYw

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