Australian shares are poised to edge higher with commodities advancing on plans by China to do more to bolster flagging growth. The US listed shares of BHP and Rio Tinto each surged more than 4 higher. The currency rallied more than 1.1 per cent, then eased slightly. Bitcoin slid below $US97,000.
On Wall St at 4pm: Dow -0.5% S&P -0.6% Nasdaq -0.6%
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Timothy Moore writes on equities, commodities and monetary policy. He writes Before the Bell and contributes to the Markets Live blog. Connect with Timothy on Twitter. Email Timothy at timothy.moore@afr.com