Markets Rally, Voters Revolt, and Climate Policy Crumbles

Australian shares are poised to open 0.8% higher this morning, tracking broad gains on Wall Street where Apple became only the second company to breach the $US5 trillion market cap milestone. The rally is underpinned by a sharp 5.1% slide in Brent crude to $US83.90 a barrel, easing inflationary pressures as US-Iran peace talks gain momentum.

Watch List

• ASX 200 Futures: Up 71 points to 8977 in early trade, with Rio Tinto results due at 8:30am AEST. -...