Australian shares are poised to open lower in line with cautious trading on Wall Street, as investors await January’s US jobs data to assess the potential for further interest rate cuts by the Federal Reserve.
That caution could keep the S&P/ASX 200, which rallied 1.2 per cent on Thursday, from resetting its record high to end the week. ASX futures rose 27 points, or 0.3 per cent, on Friday morning.
Source: https://www.afr.com/markets/equity-markets/asx-to-slip-as-wall-st-turns-cautious-amazon-s-results-awaited-20250207-p5la9t