The Australian sharemarket is set to open higher as earnings season continues, following a mixed session on Wall Street after better-than-expected inflation data.
ASX 200 futures rose 0.6% to 8,896. The ASX fell 1.4% to 8,917.60 on Friday, weighed down by sectors like healthcare and technology.
Australia’s reporting season will continue this week, with companies like BlueScope, Ansell, JB Hi Fi, and Treasury Wine Estates releasing earnings today.
Reserve Bank of Australia meeting minutes are due on Tuesday, and the wage price index will be released on Wednesday.
In the United States, benchmark averages finished mixed amid easing monthly inflation on Friday (Saturday AEDT).
January’s consumer price index was up 2.4%, falling 0.3 percentage points from December to its lowest point since May 2025.
Core CPI was 2.5%. Economists had forecast both readings would be 2.5%.
The S&P 500 rising 0.1%, the Nasdaq Composite dipping 0.2%, and the Dow Jones Industrial Average climbing 0.1%.
The U.S. earnings season will wind down this week, with companies like Walmart and DoorDash to report in the coming days.
On the Australian bond market, two-year yields dropped 0.04% to 4.229%, while 10-year yields fell 0.05% to 4.751%.
