Updated Jul 14, 2026 – 4.58am, first published at 4.50amKey Posts24 mins ago — 4.58AMWaller says Fed may have to raise rates to combat inflation32 mins ago — 4.50AMFirst publicly listed nuclear fusion company surges on Wall St debut32 mins ago — 4.50AMBefore the Bell: ASX to open higher as oil surgesGo to latestPinned post – 4.50AMBefore the Bell: ASX to open higher as oil surgesNatasha RudraAustralian shares are set to open slightly higher as oil surged after Donald Trump said he would impose a 20 per cent toll on shipping in the Strait of Hormuz. Brent jumped 8.7 per cent and topped $US80 for the second time this month.ASX 200 futures were up 9 points or 0.1% to 8792.Traders see a 50-50 chance of a US interest-rate hike later this month, as Fed Governor Christopher Waller said policymakers may need to raise rates if underlying inflation continues to signal broad price pressures.Market highlightsASX 200 futures are pointing up 9 points or 0.1% to 8792.AUD -0.5% to 69.20US¢Bitcoin -3.0% to $US62,203.89On Wall St: Dow -0.4% S&P -0.7% Nasdaq -1.4%VIX up 1.9 points to 16.92Gold -3.1% to $US3992.77 an ounceBrent oil +8.7% to $US82.66 a barrelIron ore -0.7% to $US98.55 a tonne10-year yield: US 4.62% Australia 4.86%Today’s agendaThe Westpac consumer sentiment survey is out at 10.30am; NAB business confidence survey 11.30am; China exports; NZ net migration.Top storiesDespite poll turbulence, One Nation could still clean up in the Senate | Pauline Hanson’s party would still win between nine and 15 Senate seats if an election were held now – enough to give it a balance of power role.Super fund service failures trigger calls for government intervention | The nation’s largest pension funds are failing to meet basic customer service standards, according to a survey of their call centresChanticleer: Big tech is turning on the AI giants. The reason should worry us all | Tech behemoths such as Microsoft are suddenly warning companies to protect themselves from big AI. This shift is all about money, power and social licence.Fetching latest articles