ASX 200 to kick off in positive territory after hope ‘revived’ in Northern Hemisphere

CommSec’s Tom Piotrowski says the ASX 200 is expected to kick off in positive territory after hope “revived” in the Northern Hemisphere with interest rates. “We’re going to kick off in positive territory this morning. It will only be a modest gain up by around 0.2 of a per cent,” he told Sky News Australia. “But slightly more encouraging is the tone we saw in the Northern Hemisphere because of the fact that we saw a movement lower, where interest rates were concerned both in Europe and the United States. “Hope has revived somewhat after recent weeks of doubt that interest rates are not that far off.” Presented by CommSec.