Australian shares are poised to slip at the local open, tracking modest losses on Wall Street following a volatile session as investors sought more clarity on the US economic outlook.
ASX futures predicted the index would open 17 points, or 0.2 per cent lower, slipping back after reporting its best day in six weeks on Thursday.
Debate over the direction of US monetary policy, inflation and growth continued the day after Federal Reserve policymakers voted to hold rates steady and left open the door for two rate cuts later in the year. A weekly survey by the American Association of Individual Investors found pessimism remains above its historical average.
Source: https://www.afr.com/markets/equity-markets/asx-to-slip-wall-street-modestly-lower-20250321-p5llc4