The Australian share market is set to open higher in morning trading after a mixed result on Wall Street.Meanwhile, the price of gold has surged above 4 per cent.Follow the day's financial news and insights from our specialist business reporters on our live blog.Disclaimer: this blog is not intended as investment advice.PinnedKey EventThu 20 Aug 2026 at 7:32amThu 20 Aug 2026 at 7:32amMarket snapshotBy Adelaide MillerASX 200 Futures: +0.3% to 9,032 points Australian dollar: +0.6% to 71.23 US cents Wall Street: Dow Jones: (+0.2%), S&P 500 (+0.2%), Nasdaq Composite (-0.2%) Europe: FTSE (+0.1%), DAX (-0.1%), Stoxx 600 (-0.1%)Spot gold: +4.3% to $US4,521/ounce Oil (Brent crude): +0.5% to $US91.49/barrel Iron ore: -0.2% to $US96.05/tonneBitcoin: -0.1% to $US69,036Prices current around 7:00am AESTLive updates on the major ASX indices:Collapse all postsFilter PostsAll4Key Events4Market snapshot1Investment1Key EventThu 20 Aug 2026 at 8:15amThu 20 Aug 2026 at 8:15amModerna stock price soars on cancer vaccine announcementBy Adelaide MillerThe US biotechnology company Moderna has seen its share price soar +177% after announcing its personalised cancer vaccine with partner Merck & Co.The vaccine is designed to keep melanoma at bay, and unlike chemotherapy, which kills both healthy and cancerous cells, or immunotherapy, which revs up the immune system, personalised cancer vaccines train the immune system to specifically target mutations found only on a person's tumour.Merck and Moderna say their vaccine helped prevent the return and spread of disease in a large trial involving more than 1,000 melanoma patients. They had localised tumours that were removed surgically, but had a high risk of recurrence. Moderna expects that thousands of melanoma patients could benefit within the first few years of approval."It is a big deal for the field in general," says Dr. Ryan Sullivan, director of the Centre for Melanoma at Mass General Brigham Cancer Institute."With this positive study, there is hope (and likely investment to follow) that these approaches may change the way we treat cancer more broadly."Moderna's share price as of Wednesday afternoon when Wall Street closed, was about $US174 a share.Moderna movement (LSEG)- Reporting with ReutersKey EventThu 20 Aug 2026 at 8:00amThu 20 Aug 2026 at 8:00amOn the agenda: jobs dataBy Adelaide MillerAt 11:30am AEST the latest jobs figures will be published from the Australian Bureau of Statistics, providing a snapshot of the working landscape in July.In June, we saw Australia's unemployment rate remain at 4.4% in seasonally adjusted terms.76,000 extra people gained employment in June, driven by a 47,000-person rise in part-time employment.Key EventThu 20 Aug 2026 at 7:45amThu 20 Aug 2026 at 7:45amASX to open in the greenBy Adelaide MillerGood morning everyone and happy Thursday,Business reporter Adelaide Miller here to guide you through the morning on the markets blog, where we cover the latest finance, economics and business stories across Australia and around the world.To start with, it looks like the Aussie share market will open in the green, with Futures pointing up +0.3% to 9,032 points.The Aussie dollar is also strong this morning, trading above 71 US cents as of 7:15am.Wall Street closed with mixed results, I will provide a breakdown shortly.But for now, grab yourself a coffee, tea or juice and see you back here soon!
Live: ASX to open higher as price of gold surges
The Aussie share market is set to open higher in morning trading after mixed results on Wall Street. The price of gold has surged above 4 per cent. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
Moderna stock +177% on personalized cancer vaccine with Merck preventing melanoma recurrence in 1,000+ patients. Breakthrough signals AI-healthcare maturity driving biotech investment and reshaping precision medicine decisions within enterprise healthcare tech.








