Australian shares are set to open modestly higher with more AI news helping pace still further gains in New York, though US benchmarks pared gains into the close.
Gold was steadier, albeit modestly lower. Oil fell. Goldman lifted its 2026 forecast for iron ore. Bitcoin traded below $US113,000.
Source: https://www.afr.com/markets/equity-markets/asx-to-rise-ai-helps-pace-wall-st-still-higher-20251029-p5n629