Aug 12, 2026 – 4.18amKey Posts10 mins ago — 4.16AMBefore the Bell: ASX to fall10 mins ago — 4.15AMNvidia credit risk eases as plan clarified10 mins ago — 4.15AMGood morningGo to latestPinned post – 4.16AMBefore the Bell: ASX to fallTimothy MooreAustralian shares are poised to open lower, tracking weakness on Wall Street as oil edged higher after an Iranian official said the Strait of Hormuz will remain closed for now.ASX 200 futures were down 37 points or 0.4 per cent to 9150 near 4am AEST. The S&P 500 slid 0.3 per cent near 2.10pm, reversing an opening advance, with communication services leading losses in seven industry groups.Market highlightsASX 200 futures are pointing down 37 points or 0.4 per cent to 9150.All US prices near 2.10pm New York time.AUD +0.1% to US70.59¢Bitcoin -0.5% to $US$63,516On Wall St: Dow -0.2% S&P -0.3% Nasdaq -0.6%VIX -0.20 to 15.26Gold -0.6% to $US4365.47 an ounceBrent oil +1.2% to $US88.81 a barrelIron ore +0.9% to $US95.85 a tonne10-year yield: US 4.69% Australia 5.03%Today’s agendaFollow the August reporting season, with dates for all the major ASX companies on the schedule and links to our coverage. Click here.Reporting on Wednesday: AGL Energy (AGL) | Arena REIT (ARF) | Commonwealth Bank (CBA) | Computershare (CPU) | Bravura Solutions (BVS) | Seek (SEK) | Suncorp (SUN)There is no local data scheduled for release on Wednesday. The focus will be on US July CPI set to be released at 10.30pm AEST.eToro’s Josh Gilbert: “The number to watch here is core inflation, which strips out food and energy. That figure was flat in June and a hotter core this month would give the Fed reason to hold at its next rate call. The swing in rate expectations has been wild this year, with markets pricing in cuts at the start of the year, but now talks of hiking rates are broad, especially if inflation stays sticky. A softer print would provide some assurance that a hike is unlikely, but it certainly doesn’t mean a cut is imminent.”Goldman Sachs: “We expect a 0.19% increase in July core CPI (vs. +0.2% consensus), corresponding to a year-over-year rate of +2.47% (vs. +2.5% consensus). We expect a 0.05% increase in headline CPI (vs. +0.1% consensus), reflecting lower energy prices. Our forecast is consistent with a larger 0.26% increase in core PCE in July, reflecting a large increase in its portfolio management component.”Top storiesNSW and Queensland on verge of rating cut after hit to stamp duty | RBC Capital Markets says there is more than a 50 per cent chance that both states will lose their AA+ credit rating before Christmas.Markets whipsawed by tough-talking RBA governor | If Michele Bullock wanted to dial down bets that the cash rate had peaked, it worked a treat as her blunt message unwound a rally in bonds. Not everyone is convinced.Chanticleer: Sorry, but there’s no good news in this RBA hold | If the RBA is right that inflation will remain sufficiently subdued, then the economy must keep slowing. If it’s wrong, we have a bigger problem.Ben Carroll faces union revolt as frontline workers strike | A striking and increasingly rebellious public sector workforce is threatening to muddy the premier’s message that voters can trust him to fix state finances.Fetching latest articles