ASX briefings — Monday 6 July 2026

ASX 200 set to open 0.4% lower, giving back part of Friday's gold-led rally with Wall Street shut

The S&P/ASX 200 is set to open about 0.4% lower on Monday after Friday's 1.37% climb to 8,844.4, a gold-and-bank-led rally (GMD.AU +16.70%, NST.AU +11.75%, CBA.AU +2.41%). US cash markets were shut for Independence Day, so the last Wall Street print is Thursday's, when a soft US jobs report (57,000 versus about 110,000 expected) sent the Dow to a record but knocked the Nasdaq 0.80% lower on chip selling. Gold near US$4,200 and firmer US futures are the supportive leads; the index is simply giving back part of an outsized Friday move.