CommSec’s Tom Piotrowski has summarised the performance of North Hemisphere stocks overnight as “underwhelming”.
“That’s probably with some reason – you have seen a very impressive rally for stock markets over the month of November,” Mr Piotrowski told Sky News Australia.
“We are now into the first days of December, we’ve got some important employment figures in the US over the course of the coming days.”
The futures are projecting the ASX 200 will be down by 0.5 per cent, eating into the 0.75 per cent improvement seen yesterday.
The RBA this afternoon is expected to leave interest rates on hold.
Presented by CommSec.