Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, here’s how the pick in crypto DeFi activity is influencing Australian trading activity, how ASX medtechs are responding to skyrocketing healthcare spending and everything you need to know about cannabis stocks.
Key data in Australia will be led by the release of July jobs data from the ABS at 11:30am AEST.
The median market forecast is for monthly jobs growth of 30,000, but an increased participation rate (more people looking for work) is expected to see the unemployment rate climb towards 8 per cent.
Gold: $US1,901.75 ($2,655.70) (-0.78%)
Silver: $US25.49 ($35.60) (+0.99%)
Oil (WTI): $US42.54 (+2.24%)
Oil (Brent): $US45.31 (+1.82%)
Coal: $US52.80 (-2.82%)
Iron 62pc Fe: $US119.28 (+0.79%)
AUD/USD: $US0.7162 (+0.27%)
Bitcoin: $US11,574.83 (+3.49%)
Readers took an interest in our deep-dive on the animal health sector, which is big — but only a small handful of ASX companies operate in the space.
Also, be sure to check in at 10.20am each morning for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.