Australian shares are set to fall with Philip Lowe poised to host his final board meeting as governor. Wall Street closed. Bitcoin steady.
Albemarle’s improved Liontown offer and Mineral Resources’ bid to snatch the Bald Hill lithium mine from a Chinese-linked suitor could entrench the US alliance.AUD +0.1% to 64.60 US centsStoxx 50 -0.1% FTSE -0.2% CAC -0.2% DAX -0.1%Iron ore +0.5% to $US114.60 a tonneUnited StatesCo.
The pan-European STOXX 600 index held steady at 457.96 points at close after touching near four-week highs earlier in the day. Miners finished up 0.6 per cent after rising nearly 2 per cent intraday, as iron ore futures rallied on optimism over top steel producer China’s policy support for its struggling property sector.An initiative to boost Africa’s carbon credit production 19-fold by 2030 drew hundreds of millions of dollars in pledges on Monday, as Kenyan President William Ruto opened the continent’s first climate summit.
“We must see in green growth, not just a climate imperative but also a fountain of multi-billion dollar economic opportunities that Africa and the world is primed to capitalise,” Ruto told delegates.
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