Markets Live: ASX opens higher thanks to US-China trade talks

Here are the overnight market highlights:

SPI futures up 25 points or 0.4% to 5688 as of 8am AEDT

AUD -0.1% to71.38 US cents

On Wall St at 4pm: Dow +1.1% S&P 500 +1% Nasdaq +1.1%

In New York, BHP -0.4% Rio +1.2% Atlassian +2.2%

In Europe: Stoxx 50 +0.7% FTSE +0.7% CAC +1.2% DAX +0.5%

Spot gold -0.3% to $US1285.00 at 1.29pm New York time

Brent crude +1.7% to $US58.30 a barrel

US oil +1.9% to $US49.45 a barrel

Iron ore +1.3% to $US74.46 a tonne

Dalian iron ore +0.5% to 515 yuan

LME aluminium -0.8% to $US1864.50 a tonne

LME copper -0.3% to $US5906 a tonne

2-year yield: US 2.58% Australia 1.83%

5-year yield: US 2.56% Australia 1.98%

10-year yield: US 2.71% Australia 2.30% Germany 0.22%

US-Australia 10-year yield gap as of 5.30am AEDT: 41 basis points

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from Viral up Blog http://bit.ly/2SHUphV
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