Australian share prices are expected to open lower on Monday following a weaker close in New York on concerns about inflation and trade.
At 9:10 am AEDT (10:10 pm GMT) the S&P/ASX 200 March share price index (SPI) contract was trading 64 points or 0.7% lower than the previous settlement at 8,470.00.
The tone was set on Wall Street on Friday where the Dow Jones Industrial Average and S&P 500 indices each lost 1% and the Nasdaq Composite dropped 1.4%, ruling off a week in which equities lost ground.
United States stock markets, unnerved by signs of higher inflation in the University of Michigan's preliminary consumer sentiment index and a drop in unemployment, dived when President Donald Trump suggested the U.S. could match the tariffs of its trading partners.
The Australian benchmark had finished 0.1% lower on Friday at 8,511.4, edging further away from the record high of 8,566.90.
Among the companies to follow today are Ansell, JB Hi Fi and Car Group, which reported their half results before the start of trading.
On the bond markets, 10-year and 2-year Australian Government yields were up 0.02% and 0.13% to 4.396% and 3.792% respectively.