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Australian equity futures indicated a lower open on Monday after last week's gains. European benchmarks reached record levels on Friday while U.S. markets remained closed for the holiday.
ASX 200 futures traded 0.4 percent lower at 8,794 points ahead of the Monday session. The benchmark closed Friday at 8,844 points after rising 1.4 percent that day. European shares posted gains on Friday, with the Eurostoxx 50 index up 0.8 percent, the DAX index up 0.8 percent, and the FTSE index up 0.3 percent. Wall Street remained closed for the U.S. Independence Day holiday.
Currency and commodity movements The Australian dollar rose 0.3 percent to 69.40 U.S. cents. Spot gold increased 1.3 percent to $4,175 per ounce. Brent crude futures added 0.2 percent to $71.94 per barrel, while WTI futures gained 0.1 percent to $68.78 per barrel.
Iron ore prices in Singapore rose 0.8 percent to $98.80 per tonne, and copper on the London Metal Exchange fell 0.1 percent to $13,286 per tonne. Bitcoin traded 0.8 percent lower at $62,699.
Scheduled data releases Two private-sector indicators are due later Monday: the ANZ job advertisements series and the Melbourne Institute inflation gauge. No major government economic releases are listed for the session.
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