Global Bond Rout Calms as Fed Eases Rate Fears, ASX Futures Rise; Iran Conflict Adds Oil Pressure

Australian shares are set to open higher today, with ASX 200 futures up 29 points or 0.3% to 9,041 near 5.15am AEST, tracking a broad Wall Street advance. The rally was sparked by Federal Reserve Governor Christopher Waller's comments that he is in no rush to lift US interest rates, with the probability of a September hike falling to 50.4% from 63.2%. This relief came even as the US-Iran conflict escalated, with oil prices ticking higher after Iran struck...