Markets Live: Global fears intensify

Live article connection interrupted. 9:16am: Local shares are set to open lower amid a renewed global focus on the conflict between Russia and the West over Ukraine. • AUD at 92. 69 US cents, 94. 64 japanese yen, 69. 41 Euro cents and 55. 10 British pence. • On Wall St, S&P 500 -0. 6%, Dow -0. 5%, Nasdaq -0. • In Europe, Euro Stoxx 50 -1. 2%, FTSE -0. 6%, CAC -1. • Spot gold rose 0. 5% to $US1311. • Iron ore adds 0. 1 per cent to $US96. 00 per metric tonne. • US consumer credit, non-farm productivity, unit labour costs; UK trade balance. • Santos, Origin: Union starts industrial action against contractor Bechtel on Curtis Island. • The following stocks will trade ex-dividend today: Australian Foundation Investments; Boulder Steel, stock split; Namibian Copper rights issue; Newera Resources entitlement. 9:16am: Good morning and welcome to the Markets Live blog for Friday.

Read more here: SMH


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